Ummango Investment Holdings, financed by Mvelapanda Holdings, has acquired a 25.1% stake in ITWeb.
The rate cuts range between 10% and 19% on local calls.
Moving into content provision is not only in line with international trends, but a survival strategy, says Africa Analysis.
Regulation is a major stumbling block in the roll-out of the technology.
In today's technology roundup: Gates slams Google, Microsoft unveils online service, Iomega rolls out 120GB backup drive, and HSBC will continue investing in IT.
In this World Wide Wrap: Customers rewarded for e-billing, Barclays uses e-billing standard, and e-marketing with video e-mail.
In this World Wide Wrap: Sun donates source code, BEA and VMware collaborate, and Sun buys MySQL
In this World Wide Wrap: Codima releases VOIP test reports, customers lose VOIP numbers, and BandTel chooses Covergence.
The company has concluded its Kenyan deal, despite late competition.
The fixed-line operator launches the regional operations of its PDConnect service.
Seacom and the DOC agree the recently gazetted guidelines will have no impact on the undersea cable operator.
The mobile provider looks for ways to expand its infrastructure networks.
Dissatisfied Eskom customers can now go online to tell the power distributor how they feel.