Vodacom and Neotel have announced that they have entered into exclusive discussions regarding a potential acquisition of 100 percent of the shares of Neotel by Vodacom SA. The finalisation of the transaction is subject to the successful conclusion of commercial negotiations and receiving the requisite regulatory and corporate approvals.
South Africa’s third biggest service provider Cell C says it will spend R200 million on upgrading its network around Johannesburg and Pretoria in the next three months.
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The Eastern Cape Information Communication technology Initiative (ECITI) today announced it had recorded a solid set of results for the 2012/13 financial year with the 20 incubated businesses recording a combined turnover of R6,5 million. According to ECITI head Patricia Dlamini this is pleasing when measured against total grant funding of R2,4 million from its […]
Telkom says it reduced certain wholesale products in keeping with the obligations regarding the settlement agreement reached with the Competition Commission, which was made an order of the Competition Tribunal earlier this year.
The upcoming public holidays in South Africa will be the turning point for local online retail, says Mark Chirnside, CEO of PayU, SA’s largest online and mobile payment service provider.
In a move that seems to encourage innovation Telkom recently announced the Open Innovation “Mega Challenge” to all South African innovators, calling on them to think innovatively about Telkom.
Partly state owned enterprise Telkom has finally reached an agreement with all three of its labour unions regarding salary increases for the next three years.
Telkom has averted a labour strike as it concludes lengthy discussions with the Communication Workers Union (CWU) and other unions regarding the matter.
Communications Minister Yunus Carrim says Telkom must balance the interest of all shareholders. Speaking at a meeting between Telkom and the DOC, the Minister reiterated the importance of Telkom to government.