The local subsidiary finds it difficult to secure large deals without an empowerment partner at its side.
The Dimension Data unit buys majority stakes in two cloud-focused companies.
In this World Wide Wrap: Novell agrees $2.2bn buyout, Utility ditches WiMax for LTE, and Tech giants up networking efficiency.
The transaction is valued at approximately $2.2 billion, and adds “significant” assets to Attachmate's portfolio holdings.
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.
The telecoms operator will focus on fixing its local operations, before embarking on new opportunities across the continent.
Conditions in the retail sector start to pick up, which bodes well for the company.
Telkom's profit from the sale of Vodacom pays for a large portion of its own mobile arm.
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
Money will only be spent where it can generate good returns for the company.
Telkom earned R640 million less in revenue after mobile termination rates were cut earlier this year.
In this World Wide Wrap: Nortel, Genband clash over acquisition; VOIP Telecom slams mobile operators; and N-able, Mitel partner.
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
In this World Wide Wrap: VeriFone to snap up Hypercom, Russia approves e-payment bill, and Google designs mobile payment system.
The company has seen business growth following its channel partner incentive programme introduced last month.
The fixed-line company is evaluating expressions of interest for its Nigerian CDMA business, which has plagued it for several years.