Liquid Telecom’s R6,5bn acquisition of South African telecommunications operator Neotel is done. The parties finalised the deal on Friday morning. India’s Tata Communications, which controlled Neotel, along
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New Neotel owners Liquid Telecom and Royal Bafokeng Holdings have moved quickly to rebrand the local telecommunications operator, ditching its trademark orange colour in favour of a blue
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
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
A super-fast new subsea telecommunications cable, offering access between South Africa, the Middle East and Europe at speeds until now unheard of in the region, is to be built in the next two years. Liquid Telecom said on Monday that a newly created and wholly owned subsidiary, Liquid Sea
The percentage of television households in South Africa relying on free-to-air terrestrial services will fall by almost a third in the next three years as pay-satellite, pay-terrestrial and streaming alternatives continue to grow. Research firm Dataxis predicts
Liquid Telecom, the pan-African fibre telecommunications firm controlled by Strive Masiyiwa’s Econet Group, has emerged as one of the principal backers of Hola Media, an aspiring South African
Liquid Telecom, the fast-growing pan-African telecommunications company majority owned by Strive Masiyiwa’s Econet Group, is getting ready to file for an initial public offering next year as it steps up expansion of its network across the continent, including South Africa. Masiyiwa, who
Fast-growing pan-African telecommunications company Liquid Telecom, which is owned by Strive Masiyiwa’s Econet Group, is set for an initial public offering next year, it was reported at the weekend. The New Zimbabwe website quoted the
Analysts have forecast a tough financial year ahead for Econet Wireless and the other, smaller mobile operators in Zimbabwe, with voice revenues and profitability likely to take a further knock as the government will effect a further voice tariff reduction