State-owned rail, port and pipeline company Transnet wants access to a prime allocation of spectrum in the 1,8GHz band, communications regulator Icasa said on Monday. There’s a hitch, though: part of the spectrum is
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Government needs to retain its ownership of state-owned enterprises (SOEs) to ensure economic growth and create employment for generations to come, said public enterprises minister Lynne Brown. In her budget speech for the 2016/2017 financial
Google has emerged as the most attractive employer among professionals in the technology and engineering sector, according to a new survey. Students, meanwhile, rate Transnet tops in the same sector. Employer branding company
India’s Tata Communications is putting on a brave face after Vodacom announced on Tuesday that it was walking away from a R7bn deal to acquire Tata’s South African subsidiary Neotel. In a letter to shareholders, Tata Communications
Five people convicted for cable theft were on Monday collectively sentenced to 140 years behind bars, Eskom has announced. The group was sentenced in the high court, sitting in Kroonstad. “The thefts occurred mainly in the Free
Sunil Joshi has stepped down as CEO of Neotel, five months after being suspended pending a board-led investigation into alleged corruption in a deal involving Transnet. His resignation comes less than two weeks after Neotel’s chief financial officer, who
Neotel’s chief financial officer, Steven Whiley, has resigned. Whiley was suspended from the telecommunications operator in July, along with CEO Sunil Joshi, over allegations of bribery related to a multibillion-rand contract at Transnet. In a tersely worded statement on Friday, Neotel said
Neotel chief corporate services officer Tracy Cohen has resigned. News of her resignation comes on the same day that Vodacom announced that it was in talks with Neotel and its shareholders – led by India’s Tata Communications – about a “revised transaction
Vodacom is in talks with Neotel and its shareholders about a “revised transaction structure”, the mobile group said in a statement to shareholders on Monday. But it has not explained what prompted it to re-look at the R7bn deal. The decision has forced
The Competition Tribunal has agreed to postpone a hearing regarding a R7bn merger between Vodacom and Neotel indefinitely. This comes after Vodacom released a market update earlier on Monday saying the company is exploring a “revised transaction structure” regarding the Neotel deal