MultiChoice Group remains committed to the turbulent Nigerian market, CEO Calvo Mawela said.
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Subscriber growth at the relaunch Showmax has been strong, but start-up costs are high.
The first big segment of the massive 2Africa submarine cable system, is live, connecting South Africa with Kenya.
MultiChoice has blamed a “challenging consumer environment” for a 9% slump in active subscribers.
Standard Bank’s mobile virtual network operator has partnered with MTN for network services.
Cell C has announced plans to sell 44 of its 47 company-owned stores as it moves to a franchising model.
Telkom expects to report an improvement of about 200% in full-year normalised headline earnings per share.
TymeBank is raising $150-million to build scale as it prepares for an initial public offering, its CEO said.
Average monthly capacity additions from February to April dropped to 26MW from 97MW a year ago.
Apple has become the first brand to cross $1-trillion in brand value, Kantar’s BrandZ has found.