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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.

Telecoms

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.

Telecoms

Flagship phone shootout

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

Business

Qualcomm denies chip business spinoff

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

Business

Amazon expands loans initiative

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

Business

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

JD.com unveils credit-scoring venture

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

Computing

Instagram takes on Twitter

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

Financial

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.


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