Last week, the international ICT market was still dominated by the poor performance of Facebook's shares, despite several other significant acquisitions, like CGI Group's acquisition of Logica for £1.7 billion, and Verizon Communications' purchase of Hughes Telematics for $617 million.
At home, the news about Telkom SA and Korea Telecom was the most significant story.
Key local news
* Very good interim numbers from Ideco Group, with revenue up 30.5% and back in the black.
* Satisfactory seven-month numbers from PBT Group. (Its year-end has changed to 31 March.)
* Satisfactory year-end figures from Trustco Group Holdings, with revenue up 22% and profit up 9%.
* Mixed interim numbers from Labat Africa, with revenue down 48.1% but profit up 95.4%; and Reunert, with revenue up 10% but profit down 37%.
* An interim loss from Zaptronix, with revenue also down.
* Full year losses from Huge Group, with revenue also down 25.8%; and TCS, although revenue up 3.6%.
* A positive trading update from TCS, although a loss is still forecast.
* A negative trading update from Mvelaserve.
* A mixed trading update from MTN, despite showing increased subscriber base figures of 5.2% for the first four months of 2012.
* The listing of the shares of African Cellular Towers has been suspended on AltX.
* Cabinet has rejected the proposed Telkom SA deal with Korea Telecom.
* RIM has opened a BlackBerry apps lab at the University of Pretoria.
Key African news
RIM has opened a BlackBerry apps lab at the University of Pretoria.
Paul Booth, MD, Global Research Partners
* Cambria acquired Zimbabwe's Celsys, a producer of security documents for financial institutions.
* France Telecom bought almost 94% of Mobinil (Egypt), completing the deal announced in April.
* Comztek has opened an office in Mauritius.
* The Ugandan government has handed back to Libya's Lap Green Networks the majority share it previously owned in Uganda Telecoms, which was 'confiscated' last year following the events in Libya.
* The appointments of Steve Bailey (ex-Virgin Mobile SA CEO) as CCO of Glo Nigeria; and January Zadak as HP's president for EMEA Enterprise Services.
Key international news
* Ansys purchased Esterel Technologies, a French maker of embedded software to control electronics in aircraft, rail transportation and energy systems, for $53 million.
* CGI Group (Canada) acquired Logica for £1.7 billion, although the latter is the larger company by annual revenue.
* Data Storage, a cloud company, bought e-ternity Business Continuity Consultants, a provider of IaaS and infrastructure technology services and one of the 2012 'Top 100 Cloud Services Providers' in the annual rankings by Talkin Cloud.
* MTS (Russia) acquired Tascom, a Moscow-based telecoms provider, for $54.9 million.
* Verizon Communications purchased Hughes Telematics, a leader in the connected vehicle market, for $617 million.
* Am'erica M'ovil has offered to buy 27.7% of KPN, the Dutch telecoms provider.
* A judge in the Oracle/Google case has ruled that some code is not copyrightable, specifically APIs.
* Olympus has settled its dispute with its ex-CEO.
* Renesas has announced a restructuring plan, following its financial loss for the year that ended in March.
* Satisfactory quarterly results from QAD.
* Mixed quarterly figures from SAIC, with revenue up but profit down.
* The appointments of Bret Bolin as CEO of Misys; and Bill Veghte as COO of HP.
* A good IPO on UK's Aim market by Wandisco, a Silicon Valley software developer.
* An IPO delay by MegaFon, the Russian mobile phone operator, due to poor market conditions.
Look out for
* International:
* The possible $1 billion acquisition of Opera Software, a provider of mobile phone software technology.
* Increased speculation as to the potential suitors for RIM, with Microsoft, Nokia and Oracle all now being linked with a possible buyout.
* A sell-off by Telefonica of its German division.
* South Africa:
* Further developments regarding Telkom and its future directions.
Research results and predictions
* Worldwide server shipments grew 1.5% in Q1 2012, although revenue declined 1.8%, according to Gartner. IBM regained the number one slot from HP.
* The worldwide IT operations management software market grew 9% in 2011 to $18.3 billion, with IBM, CA Technologies and BMC Software retaining their top three positions, according to Gartner.
* Worldwide mobile payments transaction value will surpass $171.5 billion this year, a 61.9% increase over 2011, predicts Gartner.
* SA's Internet traffic is set to grow 10.6-fold between 2011 and 2016, a compound annual growth rate of 60%, according to Cisco's annual Visual Networking Index.
Stock market changes
* JSE All share index: Up 0.3%
* Nasdaq: Down 3.2%
* Top SA share movements: African Cellular Towers (+25% before suspension), Ansys (+10.5%), Ifca Technologies (+16.7%), Jasco (+10%), Labat Africa (+14.3%), Poynting (+11.8%), Stella Vista (-25%), Telkom SA (-11.8%), Trustco (-8.3%) and Zaptronix (+50%)
Final word
Fortune magazine has just published its annual 'Fortune 500' of America's largest corporations. The following are some of the findings from a technology perspective:
* The highest ranked company was HP (number 10), followed very closely by AT&T (number 11).
* Newcomers included Frontier Communications (464), Motorola Mobility Holdings (206) and NetApp (474).
* Returnees included Brightpoint (463) and CDW (270).
* Displacements included Qwest Communications (acquired by CenturyLink).
* Top money loser was Sprint Nextel.
* Top regarding growth in revenue over one year and five years was CenturyLink.
* Top regarding growth in revenue over 10 years and top growth in profit over five years was Apple.
* Top regarding growth in profit over 10 years was Ingram Micro.
* Most profitable company was Apple.
* Biggest company by market value was Apple.
* Biggest company by equity was AT&T.
* Biggest company by employees was IBM.
* Top movers upwards were CenturyLink (334 to 171), Cognizant Technology Solutions (484 to 398) and Qualcomm (222 to 178).
* Top movers downwards include Motorola Solutions (116 to 274), Eastman Kodak (327 to 408) and Pitney Bowes (421 to 461).
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