The company's vision is to get 50 billion connections by 2020, says Hans Vestberg.
If a deal is not reached this weekend, Eclipse will be wrapped up and jobs lost.
Turnover drops due to a fixed-line contract worth R100 million that did not materialise.
The global giant sees the continent as a long-term growth opportunity.
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.
Open source software and cloud computing can achieve huge cost savings in IT investments, says Snynaq.
Consumers should be wary of any attached keypads or strange-looking card slots, say security experts.
The international payment service clamps down on fraud across its customer base.
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
The communications regulator slashes rates to 40c by 2012.
The implementation of the R2.5 billion contract hangs in the balance, as home affairs says the deal is invalid.
However, the company is not closed to considering offers.
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
The financially troubled group appoints a CEO, over a year after Jason Drew stepped down.
The new funding structure will allow the company to chase business opportunities.
The financial services firm deployed F5 BIG-IP Local Traffic Manager to improve Oracle application performance levels.