A analysis of the annual reports of SA’s top technology companies – those with a market capitalisation above R1bn – show that Datatec CEO Jens Montanana is the highest paid CEO, at least among companies listed on the JSE. Montanana pipped MTN Group CEO Sifiso Dabengwa to the post, earning nearly US$3m in salary
JSE-listed telecommunications distribution specialist Blue Label Telecoms generated R795m in cash from operating activities in the six months to 30 November 2011, helping push accumulated cash resources on its balance sheet to R2,3bn and giving the company a war chest for its offshore expansion plans
African Prepaid Services Nigeria (APSN), a now-mostly-dormant company in which JSE-listed Blue Label Telecoms has an effective 37% stake, is claiming US$481m, or about R4bn at the prevailing exchange rate, in damages from Multi-Links, Telkom’s former Nigerian
JSE-listed Blue Label Telecoms said on Monday it has decided to terminate its business activities in Nigeria. This follows the cancellation of a contract in that country with Telkom subsidiary Multi-Links. Blue Label co-CEO Mark Levy says the decision will allow it
Blue Label Telecoms is preparing a claim to try to recover an unspecified amount of damages it says it has suffered after losing an exclusive contract with Telkom’s failed
JSE-listed Blue Label Telecoms says a controversial contract signed with Telkom’s ailing Nigerian operation, Multi-Links, is being reviewed. Blue Label co-CEO Mark Levy says the contract has reached its annual review time, and the company is willing to make some concessions to help save the troubled Multi-Links.
Former iBurst MD Alan Knott-Craig Jr has acquired 50% of Arc Telecommunications, a company led by former iBurst commercial head…
Wireless Business Solutions (WBS), the holding company of iBurst, is at advanced stage of discussions about building a mobile cellular network in a sign that infrastructure competition in SA is stepping up another gear, TechCentral has learnt. If it goes ahead with its plans, which one senior source close to the company says appears likely, WBS will become SA’s fifth mobile network operator after Vodacom, MTN, Cell C and the soon-to-be-launched Telkom
High drama appears to be unfolding at wireless broadband operator iBurst. Company CEO Jannie van Zyl may be on his…
For years, Nicholas Negroponte, chairman emeritus of the Massachusetts Institute of Technology’s Media Lab, punted the idea of a US$100…
