Technology entrepreneur Alan Knott-Craig will take over as CEO from founder Herman Heunis.
The device allows users to interact with holographic images, or to manipulate virtual objects.
The telco is monitoring its network and investing in infrastructure ahead of the smartphone's release.
With the iPrint app, Android and iOS users can connect to Epson printers via mobile devices.
The mobile payments system is now available in the US, but it will still be several years before it has an impact on the mass market.
Altech's East African unit did not recover as expected six months ago.
In today's technology roundup: Hi-tech firms face financial distress, Fujitsu workers down tools, UK firm denies Egyptian 'cyber spy' deal, and Murdoch offers $4.7m to hacking victims.
Electronic and mobile payments are increasingly becoming the preferred method of payment globally, a report says.
The Ooma Telo Air lets users make free calls within the range of their home networks.
The funding will enable the company to buy additional tower portfolios from operators and build new towers.
The solution allows BMO MasterCard customers to purchase services using a sticker on their mobile phones.
The device runs on Google's mobile OS, and will be released next year with pre-loaded titles.
New services will let customers pay for products with just a name and telephone number.