Want access to as many as 12m Wi-Fi hotspots around the world, free of charge? That’s effectively what Naspers-owned Internet service provider MWeb is promising as part of a deal it’s signed with Spanish company Fon, which claims to offer the world’s
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Telkom has held talks with a range of media companies, including America’s Netflix and Comcast, as it looks to build a video-on-demand service on its fixed-line broadband infrastructure in South Africa, its CEO, Sipho Maseko, has been quoted as saying
High-level talks between Naspers and Dimension Data, which could lead to the merger of the groups’ MWeb and Internet Solutions (IS) businesses, are probably being driven by a need by IS to become more of a full-service telecommunications
Five years after media giant Naspers put MWeb up for auction unsuccessfully, corporate action involving the Internet service provider may again be looming. According to a well-placed industry source, Dimension Data and Naspers have been engaged in talks about merging MWeb and Dimension Data
Internet and media giant Naspers has smashed the R1 000/share barrier in early morning trade on Friday, propelled higher by weakness in the rand – the currency has tumbled to four-year lows this week – and insatiable investor interest in China’s Tencent, in which it owns a one-third stake
MWeb plans to tackle the incumbents in the public Wi-Fi hotspot market in South Africa with an aggressively priced offering of its own. The Internet service provider, which is owned by media group Naspers, plans to launch the product this weekend at Canal Walk, a large shopping mall near Cape
A focus on developing classifieds websites and building digital terrestrial television networks in Africa will lead to a big increase in development spending by Naspers in the second half of its current financial year, the media and Internet group said on Tuesday
It emerged this week, in an article in the Wall Street Journal, that Snapchat, a Californian start-up that develops a smartphone app of the same name popular among teens, recently spurned a US$3bn-plus all-cash offer from Facebook to buy it out. The offer value was at least three times the already
BlackBerry appears to have scored a hit among Android and iPhone users with its BlackBerry Messenger (BBM) application. According to the company, the long-delayed app has been downloaded more than 10m times in just 24 hours after release on the two platforms
Naspers is within a whisker of smashing through R1 000/share for the first time and reaching a market capitalisation of R400bn thanks to an 80%-plus surge in its share price in the past 12 months. The growth in its value in recent years has been nothing short of