Browsing: Huawei

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

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, 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, 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

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