The leaders of some of South Africa’s biggest information and communications technology companies, including the four mobile operators, have met and agreed that the only way of resolving the impasse over broadband spectrum
Browsing: Kennedy Memani
Telecommunications company Neotel expects regulators to approve the sale of its business to Econet-owned Liquid Telecom before the end of March 2017. India’s Tata Communications, which owns a controlling stake in Neotel, announced on Tuesday
Something significant transpired on Friday last week that prompted South Africa’s largest telecommunications operator, Vodacom, to review the structure of its acquisition of Neotel, a
Neotel chief corporate services officer Tracy Cohen has resigned. News of her resignation comes on the same day that Vodacom announced that it was in talks with Neotel and its shareholders – led by India’s Tata Communications – about a “revised transaction
Vodacom is in talks with Neotel and its shareholders about a “revised transaction structure”, the mobile group said in a statement to shareholders on Monday. But it has not explained what prompted it to re-look at the R7bn deal. The decision has forced
Neotel is hoping to wrap up an investigation within the next two to three weeks into possible bribery that led to the suspension in July of its CEO, Sunil Joshi, and its chief financial officer, Steven Whiley. That’s the word from Neotel director in charge Kennedy Memani
Neotel director and shareholder Kennedy Memani will provide “interim executive oversight as the director in charge” following the decision last week to place CEO Sunil Joshi and chief financial officer Steven Whiley on “special leave” pending an investigation into