Vumatel, the telecommunications start-up challenging Telkom’s dominance of fixed-line broadband in some of Johannesburg’s upmarket suburbs, has announced it is expanding its network to five new areas
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On the same day that Telkom announced it is spinning off its wholesale and networks division as a new company called Openserve, one of the company’s fast-growing rivals, fibre-to-the-home provider
Vox Telecom is acquiring Internet services company Frogfoot Networks as part of its plan to build its own fibre-optic network to serve business clients in South Africa. “The acquisition will see Vox Telecom fast-tracking its own fibre strategy by leveraging the
Investec has become the second bank in South Africa to integrate Apple’s Touch ID fingerprint recognition technology into its smartphone banking app. Investec’s Touch ID solution is available for users of the iPhone 5s, iPhone 6
Long-troubled technology group Gijima looks set to delist from the JSE after chairman Robert Gumede’s Yebo Guma Investments made an offer on Tuesday evening to buy out the remaining minority shareholders. Guma has
Vox Telecom, whose main shareholders last month decided against selling the company after considering offers from interested parties, now plans to build its own national fibre-optic broadband backbone
An unnamed company has made a firm offer to acquire Wireless Business Solutions (WBS), the parent company of iBurst and Broadlink. WBS nonexecutive director David Hilewitz on Monday confirmed that an offer has been tabled, but declined to name the acquiring party, saying
The technology distribution business in South Africa has become “massively overtraded” and competitors are in a “race to the bottom” if they can’t diversify by entering complementary business areas. That’s the view of Miles Crisp, CEO of
Vox Telecom has begun engagements with a number of local and international companies in a move that could eventually result in a sale of the independent telecommunications service provider. “This is more of an engagement process at this stage, rather than the sale the media is making it out to be
Three weeks ago, in mid-April, Absa became the last of South Africa’s big banks to launch a mobile transactional banking application for smartphones and tablets, beating at the finish line by First National Bank, Standard Bank, Nedbank and Investec. But Absa, South Africa’s