Higher wage costs and the unveiling of 8ta weigh on Telkom's half-year earnings.
The company gives almost all the free cash it generated from operations back to shareholders.
Higher smartphone and mobile Internet usage may save Vodacom from death by lower interconnect rates.
The drop in interconnect rates to 89c a minute cost SA's largest cellular provider R800 million in revenue in the first half of the year.
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.
MTN's former SA MD Maanda Manyatshe has until Wednesday to file legal papers, or risk a default judgement.
In today's technology roundup: Google cuts Facebook's G-mail line, Dell ponders private move, Mail.ru shares surge on London debut, and more trouble for Hurd.
In this World Wide Wrap: PayPal network problems worsen, Avere upgrades tiered storage, and irgin Media unveils 3D set-top box.
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
American Tower will buy approximately 3 200 towers from Cell C for about $430 million.
In this World Wide Wrap: NASA takes cloud to Mars, MS to flex cloud muscle, and Oz bank joins cloud alliance.
Total revenue was $41.8 million, an increase of 26% over revenue of $33.2 million last year.
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
Total revenue was $54 million, an increase of 10.2% from $49 million in the second quarter of 2010.
Earnings are expected to come in lower than initially thought.
The company's IT unit grew revenue at a faster rate than the holding company, despite the loss of a contract.