The Zimbabwean telecommunications industry is set to enjoy another growth spurt following a trebling in growth between 2009 and mid-2010. This is according to consulting firm Frost & Sullivan
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The news that promising local start-up FireID has retrenched all its staff and is facing closure has been met with despondency by analyst firm Frost & Sullivan, which says the Cape Town-based company had a winning
Gijima’s top line has slid 2,4% in the past year, reflecting tougher trading condition in the SA’s technology industry, says analyst firm Frost & Sullivan. Growth in managed service revenue did not quite compensate for a decline in professional service revenue.
Substantial growth in its international operations lifted the performance of independent telecommunications group Blue Label Telecoms over the past financial year, says analyst firm Frost & Sullivan. This growth was primarily achieved through strong growth in Nigeria and disposing of interests in Mozambique and the Democratic Republic of Congo.
The proposed acquisition of Dimension Data by Nippon Telegraph and Telephone Corp (NTT) is more about the Japanese telecommunications group than about the SA-based IT firm. That’s the view of consulting company Frost & Sullivan, which says NTT has embarked on a “fairly aggressive acquisition drive over the past two or three years”.