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Does Telkom’s LIT break net neutrality?

Telkom’s zero-rated streaming plans, called LIT, which it plans to introduce on 1 September, may break network neutrality principles and run counter to government’s draft integrated policy for the ICT sector, a reading

Adapt IT predicts rise in organic growth

Adapt IT CEO Sbu Shabalala believes the JSE-listed software group is weathering South Africa’s tough economic conditions well and has said it will lift organic growth in the new financial year above the

Uber hires outspoken Trump critic as new CEO

Uber Technologies will appoint Expedia’s Dara Khosrowshahi to run the global ride-hailing leviathan, two people familiar with the matter have said. He’ll succeed co-founder Travis Kalanick, who led the firm to US$20bn in annual bookings

Adapt IT hikes dividend per share by 23%

Technology services group Adapt IT has hiked its dividend per share by 23% to 13.4c, from 10.9c a year ago, on the back of a rise in earnings. In the year ended 30 June, the JSE-listed group reported normalised headline

Icasa moves to break DStv ‘monopoly’

Icasa has listed a range of possible market interventions, particularly related to the acquisition and management of sports rights by broadcasters, as it moves to break MultiChoice’s dominance in South Africa’s pay-television

Naspers sees e-commerce closing value gap

Naspers CEO Bob Van Dijk said five years of heavy e-commerce investments are bearing fruit, which should prove to investors that the assets are worth more than they think. Van Dijk is seeking to show shareholders that

TalkCentral: Ep 188 – ‘It’s LIT!’

On TalkCentral this week, Duncan McLeod and Regardt van der Berg chat about Telkom’s new LIT zero-rated music and video streaming plans and what they mean for the market. Also this week, HTC is on the chopping

Koos Bekker lashes critics at Naspers AGM

Chairman Koos Bekker countered criticism that Naspers relies too heavily on its $132bn stake in Chinese media company Tencent by reminding investors that they would have been a lot poorer if he’d given in to similar pressure

HTC facing an uncertain future

HTC is exploring its options. That’s exactly what the former smartphone high flyer should be doing. An adviser has been engaged and the Taiwan manufacturer is considering bringing in a strategic investor. A full or partial

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