Browsing: Goldman Sachs

Cell C still gaining ground in prepaid

MTN has continued to lose market share in prepaid in South Africa in the past six months, despite slashing its voice tariffs to 79c/minute, new numbers published by Blue Label Telecoms suggest

$490m in new funding for tower firm IHS

Cellphone tower management company IHS has secured US$490m in new funding, made up of $420 in equity and $70m in debt, as it expands its operations across Africa. Existing shareholders in IHS are contributing to the fund-raising

Alistair Fairweather
Is Facebook really worth $50bn?

We’re pretty used to hearing outlandish valuations on Internet companies that, if they were people, would be barely out of nappies. It happened during the first dot-com boom, and it’s happening again now. But news that Facebook is