Browsing: Huawei

War of words erupts between Huawei, ex-partner

Huawei has rubbished a claim it owes R22m to Fantastic 1 Mobile, with which it partnered in 2016 to open Huawei-branded retail stores across South Africa, saying there is “no basis” to the company’s claim. The stores were

Ugly dispute sees SA Huawei retail stores closed

Five Huawei-branded stores have been closed after an ugly dispute over non-payment allegedly amounting to millions of rand to a local partner of the Chinese consumer electronics giant. Nisaar Ally, owner of Fantastic 1 Mobile, which

Xiaomi seeks at least $50bn in IPO

Xiaomi, the Chinese smartphone maker that was once the most valuable start-up in the world, is in talks with investment banks about a possible initial public offering and seeking a valuation of at least $50bn, according

Liquid Telecom to upgrade SA fibre routes

Liquid Telecom, which acquired Neotel earlier this year in a R6.5bn deal, has announced it plans to upgrade its fibre routes in South Africa using the latest 100G technology. The company said at AfricaCom in Cape Town

Nokia predicts more gloom for network makers

The wait for a recovery in the wireless network equipment business just got longer with Nokia’s dire third quarter results. The Finnish manufacturer predicted a prolonged slump for the industry, sending its shares

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