A sense of doom and gloom seems to be settling over South Africa’s information and communications technology industry. Some of the pessimism is inherited from the deep structural problems afflicting
Browsing: Vodacom
Neotel CEO Sunil Joshi and chief financial officer Steven Whiley have been placed on “special leave” pending an investigation into alleged bribery and corruption at the telecommunications operator
Telkom’s share price has leapt by almost 8% to R61,48 after it provided a positive quarterly update for the three months ended 30 June 2015. The quarter is the first of Telkom’s financial year, which ends in March. It said that in the three months
Telecommunications player Huge Group is considering as many as three acquisitions, with one of them potentially worth as much as US$100m (more than R1,2bn), as it seeks to play a leading role in the consolidation of the industry in South Africa. The company has
In its annual report for the year to end March 2015, Vodacom tries to be frank about the re-relaunch in South Africa of M-Pesa, the mobile money transfer service that has fast become the de facto banking system in East Africa. This success in Kenya (and
In a positive development for Cell C, ratings agency Standard & Poor’s (S&P) has removed the mobile operator from its watch list for a possible downgrade. This comes, S&P said in a note, after Cell C
Vodacom chief financial officer Ivan Dittrich has resigned, three years after leaving technology group Datatec to take on the role. He will leave the mobile telecommunications group at the end of July and will be succeeded by Till Streichert from 1 August. Streichert
Radically improving MTN’s customer service, aggressively growing the company’s top line – in part by taking market share from bigger rival Vodacom – expanding into business services, and building
If Vodacom is allowed access to Neotel’s radio frequency spectrum assets, it will give the mobile operator an “unfair advantage” over MTN and other players in the telecommunications industry
Communications regulator Icasa has asked for written submissions over the proposed acquisition of iBurst and Broadlink parent Wireless Business Solutions by MultiSource, a company that enjoys the backing of former banking executives Michael Jordaan