Newspaper publishers have “completely misunderstood the nature of the crisis facing them”. That’s the view of technology researcher and author Arthur Goldstuck, MD of World Wide Worx, who says newspapers face the same bleak future as the music industry — many publishers and editors just haven’t figured it out yet. And News Corp chief Rupert [...]
AltX-listed Vox Telecom has moved to allay fears that the looming reduction in mobile interconnection rates could have a devastating impact on its business. Vox’s biggest subsidiary, Vox Orion, is a significant player in the market for least-cost routing (LCR) solutions. LCR players are able to profit on arbitrage opportunities, particularly when interconnection rates are [...]
Former Cell C CEO Jeffrey Hedberg is finally free to take up the reins at Telkom’s deeply troubled Nigerian operation, Multi-Links. This is after his employment contract with Cell C parent Oger Telecom ended at the end of last month. Telkom announced it had appointed Hedberg in July but quickly ran into problems when Oger [...]
Telkom’s leadership is clearly more bullish about the company’s prospects than analysts and many ordinary shareholders. Two days after the JSE-listed telecommunications group released disappointing financial results for the six months to 30 September 2009, CEO Reuben September and chief financial officer Peter Nelson (pictured) have bought shares in Telkom in the open market worth [...]
Eskom’s proposed tariff hikes, amounting to 45%/year for the next three years, will have an adverse effect on consumer spending. This will undermine a recovery by SA retailers, and will in turn harm UCS, which sells software and services to the retail sector. This is the warning from UCS CEO John Bright. UCS on Wednesday [...]
Research in Motion (Rim), manufacturer of the BlackBerry range of smartphones, has launched its App World store in SA, the company said in a statement on Wednesday. App World is Rim’s equivalent of the iTunes Store operated by Apple. Rim says the on-device application store brings together a “broad mix of free personal and business [...]
The SABC will receive a bailout of more than R1bn, communications minister Siphiwe Nyanda said on Tuesday. “We hope that the financial injection by government will help the SABC meet its urgent needs, such as payment of outstanding debts and other matters of priority,” Nyanda said in a statement. Finance minister Pravin Gordhan approved the [...]
Telecommunications operator Telkom, which will launch SA’s fourth mobile operator next year, will lobby the Independent Communications Authority of SA (Icasa) for an asymmetric interconnection fee regime that is skewed in its favour. Telkom group CEO Reuben September, pictured above with Telkom SA MD Pinky Moholi, says it is fair for new entrants to expect [...]
JSE-listed telecommunications operator Telkom is taking its regulator, the Independent Communications Authority of SA (Icasa), to the high court over a dramatic escalation in the company’s licence fees. Telkom is objecting to a proposed R60,5m increase in its licence fees, scheduled to kick in from next year. It believes the increase — from R31,5m paid [...]
Rupert Murdoch, the leader of News Corp, is on a mission to get people to pay for his company’s journalism. He ’s even threatening to pull News Corp content off Google and to do an exclusive deal with Microsoft instead. Has he lost the plot?
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