Rain Data-only network provider withdrew its media announcement of a plan to merge with Telkom after the move was condemned by the Takeover Regulation Panel (TRP) as unlawful. On Thursday …
Telecommunications
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Twitter is ordered to hand over executive give Musk former executive’s bot files
Twitter Inc. was ordered to hand over files from its former consumer product head to Elon Musk on spam and bot accounts the billionaire has cited in seeking to abandon …
- BusinessInformation TechnologySouthern AfricaTechnologyTelecommunications
Rain asked to withdraw press statement proposing Telkom merger
Rain has been instructed by the South Africa’s Takeover Regulation Panel has to withdraw a press statement regarding a proposed merger with Telkom. Rain announced on Thursday afternoon that it …
- Mobile Telecommunications Network (MTN)Southern AfricaTechnologyTelecommunications
Rain request revision of Telkom bid, proposes companies be merged
Rain has formally requested to present the Telkom board with a proposal to merge the two companies. “Although the terms of such a transaction such as valuation and structure would …
- Information & TechnologySouthern AfricaTechnologyTelecommunications
MTN witnesses an increase in profit by 47%
MTN reported a 47% increase in profit for the six months to end-June, with subscribers increasing by almost 6% from a year ago to almost 282 million. This was despite …
- BusinessGlobal NewsSpotlightTelecommunications
Twitter legal battle continues as Elon Musk accuses Twitter of hiding key witnesses
Elon Musk is accusing Twitter Inc. of hiding key witnesses in their legal battle over whether he must consummate a $44 billion buyout of the company, according to people familiar …
Meta Platforms-owned WhatsApp is rolling out several privacy features, including the ability to send messages while appearing offline and blocking screenshots of view-once messages. The messaging platform will also allow …
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Airtel Africa secures $125 million credit facility from Citibank
Airtel Africa, Africa’s leading provider of telecommunications and mobile money services, today, has announced the signing of a $125 million revolving loan facility from Citibank to support operations in its subsidiaries. …
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Elon Musk plans ahead against Twitter legal battle, sells R116bn worth of Tesla shares
Elon Musk has sold nearly $7 billion (about R116 billion) worth of Tesla shares, according to legal filings published Tuesday, amid a high-stakes legal battle with Twitter over a $44 …
- Global NewsInformation & TechnologySpotlightTechnologyTelecommunications
Google faces lawsuit for dropping free Workspace apps
Google, America’s multinational technology company is being sued by an early adopter of its Workspace cloud productivity software who claims the company reneged on a promise to provide it with …