Liquid Telecom, which recently concluded the R6.5bn acquisition of Johannesburg-headquartered Neotel, is raising US$700m (about R9bn) in long-term debt as it eyes further investment in network infrastructure in South Africa
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Travis Kalanick made Uber a global force by breaking all the rules. The next chief executive will have to be a diplomat, power-sharer and defender of the internal controls long neglected at the world’s most valuable start-up. It’s
Cell C is seeking to cut its debt by 73% as part of a deal that will help South Africa’s third largest mobile phone operator sell a stake to Blue Label Telecoms while retaining its operating licence, according to two people
Xineoh, a technology start-up based in Bloemfontein, has just secured US$2m in venture capital funding, giving it a valuation of $10m, or more than R130m at the current exchange rate. The company, which specialises in artificial
Uber Technologies CEO Travis Kalanick has resigned, capping a series of controversies that have rocked the world’s largest privately backed start-up. The company confirmed Kalanick’s departure from the top executive’s
Vodacom claims to have become the first telecommunications operator in South Africa to achieve a speed test, across a mobile network, of more than 500Mbit/s. It achieved the speed using LTE-Advanced technology, also
South African Internet entrepreneur Vinny Lingham chats to Duncan McLeod about Civic, his new blockchain-based identity management start-up that allows users to protect and authorise the use of their identity in real time
The bitcoin market is “over-inflated” and “very frothy”, despite big risks looming on the horizon, South African Internet entrepreneur – and cybercurrency expert – Vinny Lingham warned on Tuesday. Lingham, who has been dubbed by some media
Apple has said in a legal filing that there is “mounting evidence” Qualcomm is operating an “illegal business model” designed to extract high patent royalties on every wireless device sold. The iPhone maker said it was
Blue Label Telecoms is pushing ahead with a plan to recapitalise Cell C in terms of which it will become a 45% shareholder, through subsidiary The Prepaid Company, in South Africa’s third largest mobile operator. The JSE-listed company said