Cellular network operator Vodacom has increased its subscriber base to more than 14 million.
Recently listed Xantium achieved an attributable profit of R5.82 million for its maiden six months.
Spescom had advised shareholders that it may incur a headline loss in the region of R10 million, due to unpredictability in the telecommunications market.
Spescom expects to report a headline loss of R10 million to R14 million for the half-year to March.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
Micromuse has announced first quarter revenue of $38.9 million and pro forma net income of $3.8 million.
Altech`s acquisition of a stake in Econet Wireless Group (EWG) is going ahead despite the failure of a Papua New Guinea deal.
Faritec, which incurred an interim loss last year, is expecting a profit this time round.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
Lexmark International has announced fourth quarter revenue of $1.544 billion, compared to $1.370 billion last year.
AST is in talks that could see an increase in the underwritten amount of its rights offer.
JSE analysts are cautiously optimistic over the prospects for ICT shares this year, although they say the risk/reward factor will be finely balanced.
Top business technology headlines 20 - 26 February 2022
A summary of the top business technology stories shared by ITWeb between 20 - 26 February 2022. Visit www.itweb.co.za for more news. #ITWebCloudDatacentresummit2022 #newsvideo #Fraudcases
E-billing that simply replicates paper is a lost opportunity, says Tilos chief technical officer Alan Burger.
EMC has announced fourth quarter revenue of $2.36 billion, an increase from the $1.86 billion for the comparative period last year.
Last week saw the launch of the Google.co.za domain.