Browsing: Neotel

The State IT Agency has finally explained why it pulled the plug on a government tender, worth up to R1,5bn, to roll out broadband to underserviced parts of the country: none of the bidders qualified. The tender was the first phase of a network

The State IT Agency (Sita) has cancelled a tender for the construction of a rural broadband network under the South Africa Connect broadband strategy. Late last week, Sita published a notice in the

Econet Wireless unit Liquid Telecom has secured US$300m (about R4,3bn) to help fund expansion in Africa and its R6,5bn acquisition of Neotel. Standard Bank is arranging the syndicated loan to help fund the Neotel

After several days of hampered services, Neotel has finally restored Internet access to its customers. The company has identified and addressed the cause of the issue while it restored the 3G CDMA data service, said Neotel executive head for delivery

Regulation is unlikely to hobble the R6,5bn sale of telecommunications business Neotel to connectivity provider Liquid Telecom, said representatives of the latter company. India’s Tata Communications, which owns a controlling

Fast-growing and privately held pan-African telecommunications group Liquid Telecom majority owned by Econet Global has agreed to acquire a controlling stake in Neotel for R6,55bn. The deal comes just months after Vodacom was forced

Econet Wireless Global affiliate Liquid Telecom agreed to pay R6,55bn for South African telecommunications operator Neotel, creating the continent’s largest broadband network and business-to-business phone

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