Advertise on ITWeb         Tue, 30 Jun, 10:18:16 AM
You are here Home Financial
Section editor: This e-mail address is being protected from spambots, you need JavaScript enabled to view it
Cell C in debt 'hole'

The cellular operator's latest bond raising – putting total outstanding euro bonds at R5.5 billion – makes a buyout look increasingly likely.

Cell C will invest the R3.3 billion it just raised via bonds in its network and its cash requirements.


Expect more OTT partnerships

Over-the-top players like WhatsApp and Facebook are taking over, and operators will have no choice but to explore joint ventures.


Flagship phone shootout

LG's latest handset is cheaper on contract than paying cash up-front, but Apple still wins in this space.


Qualcomm denies chip business spinoff

The chipmaker has no plans to spin off its chips business at present, says executive chairman Paul Jacobs.


Amazon expands loans initiative

The company will introduce its business loan programme for small sellers in seven more countries, including China.


MS hands ads to AOL, maps to Uber

The company transfers its display ad business to AOL and sells map-generating tech to Uber, as it trims money-losing online operations.

Business unveils credit-scoring venture

The e-commerce firm will introduce a Chinese consumer credit data system as a joint venture with ZestFinance.


Instagram takes on Twitter

We round up trends from across the globe that had us scratching our heads.


Cell C raises R3.3bn for investment

SA's third network operator issues bonds worth another €240 million to fund capital expenditure and cash requirements.

Essential Financial news filtered for you

ITWeb's FREE Biz Beat newsletter is a concise round-up of news, insight and analysis - filtered, packaged and delivered to your inbox.

 Subscribe NOW!


Company news


Top news

ITWeb Business Continuity 2015
Venue: The Maslow, Sandton
Panel discussion: Deer in the headlights: Who is managing your reputational damage?
Hear an expert panel discuss real threats to their organisations’ reputations, how they have managed these, how they responded when reputation crisis occurred.
Secure your team's attendance today!
Event sponsor


Video star