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Global mobile subscribers top 7bn

Global mobile subscribers top 7bn

The number of mobile subscriptions worldwide has topped 7bn for the first time, according to new data from telecommunications research firm TeleGeography. There are now 7,1bn mobile subscriptions globally, according to TeleGeography. Perhaps

Cell C off credit watch list

Cell C off credit watch list

In a positive development for Cell C, ratings agency Standard & Poor’s (S&P) has removed the mobile operator from its watch list for a possible downgrade. This comes, S&P said in a note, after Cell C

Convergence closes $200m infrastructure fund

Convergence closes $200m infrastructure fund

Convergence Partners, the investment management firm established in 2006 by businessman Andile Ngcaba, has announced the successful final close of its Convergence Partners Communications

MTN issues profit warning

MTN issues profit warning

MTN’s attributable and basic headline earnings per share for the six months ended 30 June 2015 will fall by between 10% and 15%, the telecommunications group warned shareholders on Tuesday. Although

Telkom paid ex-CFO Jacques Schindehütte R18,8m

Telkom paid ex-CFO Jacques Schindehütte R18,8m

Former Telkom chief financial officer Jacques Schindehütte was paid R18,8m in the company’s 2015 financial year, despite leaving its employ last August, just five months into 2015 reporting period. In the year ended 31 March 2015, during which time

Airbnb CEO unveils SA expansion plans

Airbnb CEO unveils SA expansion plans

Fast-growing online lodging service Airbnb has outlined plans to expand its presence in South Africa. The company’s CEO, Brian Chesky, who was in Johannesburg on Monday, said South Africa is

Backspace: ‘Laughing matter’

Backspace: ‘Laughing matter’

View the latest Backspace cartoon from Jerm.

MWeb chops ADSL, fibre prices

MWeb chops ADSL, fibre prices

Just when everyone thought the price war among Internet service providers had petered out, MWeb, one of South Africa’s largest service providers, has chopped the price of five of its capped broadband ADSL products and nine of its fibre-to-the-home

Mteto Nyati’s ambitious plan to reinvent MTN

Mteto Nyati’s ambitious plan to reinvent MTN

Radically improving MTN’s customer service, aggressively growing the company’s top line – in part by taking market share from bigger rival Vodacom – expanding into business services, and building

Newspapers dying? Don’t tell the FT

Newspapers dying? Don’t tell the <i>FT</i>

Business reporting has always been one of the most global forms of journalism, with economic and business news leaping continents in a globalised economy dominated by multinational countries. But

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