Ten million wearable computing devices will be sold worldwide this year, generating US$3bn in sales from smart glasses, smart watches and wearable fitness trackers. That’s one of the predictions in Deloitte’s 2014 technology, media and telecommunications trend report. But the sale of wearables remains small fry next to smartphones
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MTN South Africa remains under pressure, reporting a decline in revenue in the first four months of 2014 compared to the same period a year ago, the JSE-listed telecommunications group said on Tuesday. The contraction in revenue was the result of the reduction in retail rates and the 1 April 2014 reduction in mobile inter-network
Altech Autopage, the independent cellular service provider in the Altron stable, plans to acquire 65 000 Cell C subscribers from rival Nashua Mobile for R91,5m (plus VAT). The deal comes just weeks after Nashua Mobile’s parent, Reunert, announced it was selling the company’s Vodacom and MTN subscribers to the two mobile network operators
Seven-year-old Neotel, which is currently the subject of a takeover bid by Vodacom, is showing strong customer growth in the business, small enterprise and retail market segments. Its revenue for the financial year ended 31 March 2014 was R3,9bn, up by 23% from a year ago, with the business and the small enterprise and retail market
This week, remarkable news emerged from an upmarket Johannesburg suburb. The community of Parkhurst, through its residents’ association, announced it had issued a request for proposals from telecommunications service providers to connect all houses and businesses in
Communications regulator Icasa has moved to deflect criticism that consolidation in South Africa’s telecommunications industry is a result of its failure to award new radio frequency spectrum licences. In a statement on Friday, Icasa says there have been “insinuations in the media to the effect that some of these developments are as a
Telkom’s second attempt in seven years at acquiring Business Connexion (BCX), the listed IT services group, will probably get the nod from South Africa’s competition authorities, analysts believe. Telkom on Thursday announced it had made a R2,7bn all-cash offer to buy out the JSE-listed IT services company. In 2004, Telkom bid
There is a certain irony in the fact that at the same time that our cellphone companies are announcing dramatic cuts to both their data and call rates in what appears to be a price war, we are also confronted by announcements on proposed tie-ups that, if concluded, will reduce competition in the sector. The irony is no coincidence. Cell C’s effort to win market
If the latest quarterly quality of service tests from communications regulator Icasa are correct, MTN may have a problem with the quality of its network in the Western Cape, but all operators clearly have challenges. The authority, which conducts regular quality tests of the operators’ networks, focused
Profits at Nashua Mobile plunged by 41% year on year in the six months to 31 March 2014, falling from R101,8m to R60,4m, parent Reunert disclosed in its interim results on Tuesday. This was on the back of a 2% decline in revenue, from R1,85bn to R1,81bn, at the independent cellular service provider, whose customer base Reunert has