French telecommunications giant Orange, a subsidiary of France Telecom, is in talks to buy SA IT service company Business Connexion (BCX), three separate industry sources have told TechCentral. Neither company is commenting, but it raises
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Telkom’s mobile operator, 8ta, on Thursday dropped a bombshell on its rivals, unveiling by far the country’s most aggressively priced mobile broadband specials to date. Analysts have welcomed the move, saying they think Telkom is acting rationally
Vodacom’s share price rallied to a new record high on the JSE on Monday after it turned in a strong set of results for the financial year to March 2011, boosting its cumulative annual dividend by 61,4%. CEO
Speculation is growing in the telecommunications industry about who will take the top job at Telkom when acting group CEO Jeffrey Hedberg steps down at the end of March
PC assembly and technology distribution company Mustek has surprised markets with its decision, announced on Wednesday, to delist from the JSE after 13 years on the local bourse. However, CEO David Kan tells TechCentral
Business Connexion (BCX) has made a R614m offer to buy up a big portion of the assets of the UCS Group. BCX will settle the deal through the issue of 101m new shares, with R30m to be paid in cash
JSE-listed technology services business, EOH, has grown its market capitalisation to R1bn off the back of a strong set of financial results. The company’s share price today climbed 2.4% to R12,80 at the time of writing, nudging its market cap just past the R1bn mark.
The surprise resignation of Telkom chief financial officer Peter Nelson could point to deeper problems at the telecommunications group, say analysts. Birgitta Cederstrom Nicholson, technology research head at Frost & Sullivan, says Nelson’s resignation and the early exit of the company’s CEO, Reuben September, is reason for concern.
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All eyes will be on Vodacom and its group CEO, Pieter Uys, on Monday. That’s when the cellular group announces…