Browsing: Blue Label Telecoms

News
Blue Label, Microsoft part ways

JSE-listed Blue Label Telecoms is buying back the 12% stake Microsoft bought in it in 2007. At the same time, Microsoft SA MD Mteto Nyati is stepping down from Blue Label’s board of directors. Microsoft is selling the shares at a loss. It bought them for

In-depth
End of the line for Multi-Links

Telkom has pulled the plug on a plan to sell the wireless division of its Nigerian subsidiary, Multi-Links, to Visafone for US$52m and will stop funding the operation with immediate effect. Liquidation may follow. The decision to

News
Blue Label exits Nigeria

JSE-listed Blue Label Telecoms said on Monday it has decided to terminate its business activities in Nigeria. This follows the cancellation of a contract in that country with Telkom subsidiary Multi-Links. Blue Label co-CEO Mark Levy says the decision will allow it

News
Blue Label wants Telkom to cough up

Blue Label Telecoms is preparing a claim to try to recover an unspecified amount of damages it says it has suffered after losing an exclusive contract with Telkom’s failed

News
Mineworkers get m-banked

Financial services company Ubank, formerly known as Teba Bank, has partnered with JSE-listed Blue Label Telecoms to provide mobile banking to its customers, consisting

News
Blue Label to sue over Multi-Links

Blue Label Telecoms will take legal action to recover an unspecified amount of damages it says it has suffered after losing an exclusive contract with Telkom’s failed Nigerian operation, Multi-Links.

News
Microsoft’s Nyati named to Blue Label board

Microsoft SA MD Mteto Nyati has been appointed as a nonexecutive director on the board of JSE-listed telecommunications group Blue Label Telecoms. Nyati, who has headed Microsoft’s SA operation for the past two years, takes up the role from today.

News
Arc takes aim at small business market

Arc Telecom, a start-up company established by former iBurst Business staff, is taking aim at the small and medium-sized business market with its converged telecom services. The company will offer its services from Thursday.

News
Vodacom quietly sheds WBS shareholding

Vodacom has quietly sold its 24% stake in Wireless Business Solutions (WBS) Holdings to the company’s other shareholders. The cellular operator hopes its disposal of its shareholding in iBurst’s parent company will clear the way for it to successfully bid for radio frequency spectrum in the 2,6GHz and 3,5GHz ranges.

1 12 13 14 15