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MTN revenue increases in 'challenging' year

Despite the mobile operator saying its 2014 results reflect a challenging year, MTN reports group revenue grew 6.4% during the period.

MTN was hit by aggressive price competition, increased regulatory requirements and pressure on consumer expenditure.

Telecoms

Business market vital for Cell C

The operator has no choice but to play catch-up if it wants to survive and remain relevant to SA's mobile consumers at large.

Financial

Poynting's restructuring pays off

Revenue gains from R37.6 million to R75 million in the half year.

Financial

Oger Telecom looks to sell Cell C stake

The decision by Oger, which owns 75% of Cell C, was triggered by ICASA's revised plan for cutting the termination fees.

Financial

Tech firms' market dominance to fade

Analysts are far from confident the companies will maintain their perch in the tech stratosphere.

Industry Solutions

Intervate assists Santam with Extranet broker portal

The insurance company selected Intervate to develop an Extranet portal – using SharePoint 2010 – for intermediaries to use from anywhere in the world.

Financial

Sharp asks banks, turnaround fund for help

On top of asking its two main lenders for a bailout, Sharp requests up to $250 million from a turnaround fund.

Telecoms

Telkom moves on outsourcing plans

The company moves on its oursourcing plans, identifying business partners - including WNS, Barloworld, Bidvest, ASAJE and Ingram Micro.

Financial

IBM buys AlchemyAPI to boost Watson

The purchase is designed to boost IBM's push into more human-like computing services, based around its Watson technology.


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