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Western Cape budgets for drought relief

By: Megan van Wyngaardt     29th March 2017 The Western Cape government has set aside R797-million for its Department of Agriculture in the 2017/18 financial year. Of this, R47-million was allocated towards drought relief, with a special focus on emerging entrepreneurs. “In 2015, South Africa recorded its lowest rainfall in a calendar year... 

State of the township economy

By: Sydney Majoko     24th March 2017 During this year's chaotic State of the Nation address (Sona), in February, President Jacob Zuma promised that, in line with the radical economic development that government is embarking on, the State will use its buying power to boost and empower small business enterprises, especially rural and... 

JRA to upgrade Roodepoort intersection

By: Anine Kilian     20th March 2017 The Johannesburg Roads Agency (JRA) has embarked on a R4.3-million upgrade of the Jim Fouche road and Wilhelmina avenue intersection in Constantia Kloof, Roodepoort, to ease congestion and improve motorist safety. The project will be completed in September. 

Liquid Telecoms’ buyout of Neotel nears final hurdle

By: Natasha Odendaal     15th November 2016 The R6.5-billion buyout of converged communications network operator Neotel by privately owned Pan-African telecoms group Liquid Telecom is reaching its final hurdle – approval by the Independent Communications Authority of South Africa (Icasa). The acquisition was progressing “very well” and the... 

Neotel optimistic for next decade as R6.5bn buyout nears conclusion

By: Natasha Odendaal     20th October 2016 Ten-year-old converged communications network operator Neotel is confident of the company’s further growth in the next decade as it awaits the conclusion of its buyout by privately-owned Pan-African telecoms group Liquid Telecom. The R6.5-billion acquisition by a shareholder with a similar vision... 

Liquid Telecom, Royal Bafokeng Holdings to buy Neotel in R6.55bn deal

By: Creamer Media Reporter      28th June 2016 Pan-African telecommunications group Liquid Telecom and South African empowerment investment group Royal Bafokeng Holdings (RBH) will acquire South African communications network operator Neotel for R6.55-billion. Liquid Telecom has entered into an agreement with Neotel’s parent company Tata... 

W Cape launches 50 public WiFi hotspots

By: Anine Kilian     16th March 2016 The Western Cape government, together with Internet service provider Neotel, will, this month, launch the first 50 of 384 planned public access WiFi hotspots. The 384 hotspots had been strategically located to ensure maximum coverage for all citizens. The Western Cape government was aiming to... 

Vodacom shelves R7bn bid for Neotel

By: Creamer Media Reporter      1st March 2016 Telecommunications giant Vodacom has abandoned its years-long R7-billion bid for converged network operator Neotel after regulatory complexities and the failure to fulfill certain conditions led to the restructured proposal’s lapse. Last year, Vodacom undertook an eleventh-hour restructure of its... 

Fibre roll-out ushering in new connectivity future for South Africa

By: David Oliveira     29th January 2016 The roll-out of fibre-to-the-curb (FTTC) promises to change the connectivity landscape of South Africa’s consumer and small-business markets, which have largely been neglected by the country’s prominent telecommunications companies, South African technology research company World Wide Worx MD... 

Fibre roll-out ushering in new connectivity future for South Africa

By: David Oliveira     29th January 2016 The roll-out of fibre-to-the-curb (FTTC) promises to change the connectivity landscape of South Africa’s consumer and small-business markets, which have largely been neglected by the country’s prominent telecommunications companies, South African technology research company World Wide Worx MD... 

Vodacom backtracks on Neotel licences 

By: Natasha Odendaal     8th December 2015 Telecommunications group Vodacom has abandoned its bid for Neotel’s spectrum and Electronic Communications Network Services licences, besides others, choosing rather to focus on the converged network operator’s fixed-line assets. The Competition Tribunal would now undertake a December 10... 

Neotel CEO Sunil Joshi quits

By: News24Wire      7th December 2015 Sunil Joshi, the CEO of fixed-line telecommunications company Neotel, has resigned. His resignation comes after an investigation by the board of the company cleared him of bribery, Neotel said on Monday. 

Corruption in Africa perceived to be on the rise; S Africa one of the worst performers 

By: Natasha Odendaal     1st December 2015 The latest Transparency International report paints a bleak picture on corruption in Africa, with more than half of those surveyed perceiving corruption to be on the rise – and South Africa emerging as one of the worst performers. The African edition of the Global Corruption Barometer, released... 

Vodacom, Neotel deal hangs in the balance as hearings postponed indefinitely

By: Natasha Odendaal     23rd November 2015 Telecommunications giant Vodacom and converged network operator Neotel have two weeks to decide whether the proposed merger between the two companies would continue in an “amended” form or be abandoned altogether. Following an eleventh-hour postponement of the Competition Tribunal hearings for... 

Fibre, high-volume mobile networks key to meeting data explosion

By: Natasha Odendaal     14th October 2015 Fibre infrastructure and high-capacity mobile networks are the only ways that South Africa can deal with the data explosion heading its way, Vodacom CEO Shameel Joosub says. Speaking at the yearly My Broadband Conference, in Midrand, on Wednesday, he said data use, particularly on the back of... 

Drag on Vodacom deal ‘frustrating’, says Neotel acting CEO

By: Natasha Odendaal     14th October 2015 Converged network operator Neotel acting CEO Kennedy Memani on Wednesday expressed his frustration at the protracted process in having a R7-billion tie-up between the nine-year-old operator and JSE-listed telecommunications giant Vodacom concluded. Speaking at the yearly My Broadband Conference,... 

Vodacom‚ Neotel get access to confidential documents in merger bid

By: RDM News Wire      23rd July 2015 Mobile network giant Vodacom has won a small victory in its R7-billion bid to take over fixed-line operator Neotel. It was on Wednesday granted access by the Competition Tribunal in Pretoria to confidential documents used to inform the Competition Commission's investigation into the merger. 

Icasa calls for comments on Neotel, Vodacom tie-up conditions

By: Natasha Odendaal     3rd July 2015 Shortly following the Competition Commission’s approval and a few weeks after the conditional green light by the Independent Communications Authority of South Africa (Icasa), the regulator on Friday called for comment as it finalised the conditions of the long awaited R7-billion deal that would... 

Commission gives nod for Vodacom, Neotel merger, sets conditions

By: Creamer Media Reporter      1st July 2015 The Competition Commission has recommended that the Competition Tribunal approve, with conditions, Vodacom’s proposed R7-billion buy-out of Neotel. Post-merger, Vodacom would have sole control over Neotel, which would operate as a wholly owned subsidiary.   The commission found that the proposed... 

Vodacom cautious over Neotel deal approval

By: News24Wire      17th June 2015 Vodacom has expressed cautious welcome over one regulator's approval of its planned bid to buy Neotel. The Independent Communications Authority of South Africa (Icasa) earlier this week gave Vodacom the green light to buy Neotel for R7-billion. 

Telkom CEO: Vodacom-Neotel tie-up will boost competition

By: News24Wire      9th June 2015 Telkom CEO Sipho Maseko says that if Vodacom’s bid to buy Neotel is given the green light by regulators, it could make for “formidable” competition. Vodacom, which is South Africa’s largest mobile network with over 30 million subscribers, last year made a bid to buy fixed-line operator Neotel for... 

Vodacom overcomes toughest year yet – Joosub

By: Natasha Odendaal     18th May 2015 JSE-listed Vodacom CEO Shameel Joosub on Monday said the telecommunications group had faced its toughest year yet in the period to March 31; however, the fourth quarter performance indicated an optimistic recovery into the next financial year. The first half of the year under review had been... 

Vodacom appoints Alcatel-Lucent to build fibre-to-the-home network

By: Natasha Odendaal     26th January 2015 Telecommunications giant Vodacom has taken another step towards expanding its fixed-lined capabilities as it moved to build a fibre-to-the-home network. South Africa’s largest mobile operator appointed communication solution provider Alcatel-Lucent to deploy a gigabit passive optical... 

Icasa’s power over Vodacom, Neotel licence transfer questioned

By: Natasha Odendaal     16th January 2015 The power of the Independent Communications Authority of South Africa (Icasa) to process the transfer of control of spectrum, electronic communication services (ECS) and electronic communication networks services (ECNS) licences has been called into question. This emerged during a two-day public... 

Vodacom already ahead of the game – MTN

By: Natasha Odendaal     16th January 2015 JSE-listed Vodacom is already the dominant mobile operator in South Africa and the proposed acquisition of converged communications network operator Neotel will compound its position and lead to the potential destruction of competition, MTN told stakeholders at a public hearing on Friday. On the... 

IS fears Vodacom, Neotel deal enables re-emergence of Telkom fixed-line monopoly

By: Natasha Odendaal     16th January 2015 Telecommunications group Vodacom’s play for converged communications network operator Neotel could effectively enable South Africa’s largest fixed-line operator Telkom to regain its monopoly status. Internet Solutions executive for cloud and communications Wayne Speechly told stakeholders on the... 

Vodacom assures competition will be stronger post Neotel buyout

By: Natasha Odendaal     15th January 2015 The potential stifling of competition in the telecommunications sector has South Africa’s mobile operators up in arms as they move to block Vodacom’s R7-billion bid for converged communications network operator Neotel. Rival telecommunication operators on Thursday argued that should JSE-listed... 

Cape Town sharpens its business image as it looks beyond tourism 

By: Kim Cloete     10th October 2014 Cape Town is on a drive to strengthen its position as a key business capital in Africa. The Mother City is keen to retain its reputation as a leading tourist destination, but wants to be taken more seriously as a destination for local and international investment 

Cape Town sharpens its business image as it looks beyond tourism

By: Kim Cloete     10th October 2014 Cape Town is on a drive to strengthen its position as a key business capital in Africa. The Mother City is keen to retain its reputation as a leading tourist destination, but wants to be taken more seriously as a destination for local and international investment “This is not just a beautiful... 

Universal service obligations regulations need to be revised

By: Natasha Odendaal     2nd October 2014 The universal service and access obligations that formed a condition of securing an electronic telecommunications licence in South Africa should be revised to be more proportionate to the size of the licence holder, proponents in the industry argued on Thursday. Telecommunications groups Neotel... 

Vodacom not swayed by MTR losses, investment set to reach R17bn

By: Natasha Odendaal     30th September 2014 Despite the loss of over R1-billion owing to the drastic mobile termination rate (MTRs) cuts, telecommunications giant Vodacom on Tuesday said its spend in South Africa during this current financial year would reach about R17-billion. This included Vodacom’s R7-billion play for converged... 

Icasa invites industry input on Vodacom’s proposed R7bn Neotel buy 

By: Natalie Greve     23rd September 2014 The Independent Communications Authority of South Africa (Icasa) has called on interested parties to lodge written representations in relation to Vodacom’s proposed R7-billion buy-out of converged communications network operator Neotel within 21 days. Icasa outlined in a notice in the Government... 

Satellite technology to make its mark in SA – Neotel

By: Natasha Odendaal     6th June 2014 High-throughput satellite technology would make its mark in South Africa as companies and consumers pursue lower communication costs and increased broadband access – and network operators should leverage this trend, converged network operator Neotel said this week. Innovation and lower deployment... 

MTN buyout of Afrihost indicative of continuing convergence

By: Natasha Odendaal     3rd June 2014 Mobile operator MTN’s buy-out of 50% of Internet service provider (ISP) Afrihost for an undisclosed amount was not a surprise for the partners of two years, Frost & Sullivan Information and Communication Technologies (ICT) business unit senior industry analyst Joanita Roos said on Tuesday. The... 

Neotel continues growth trajectory, ‘needs’ Vodacom buy out

By: Natasha Odendaal     26th May 2014 As converged communications network operator Neotel continued its “consistent” year-on-year growth, MD and CEO Sunil Joshi said on Monday that Vodacom’s buyout of the Tata Communications subsidiary would give it “greater scale and investment” – and the capability – going further.... 

Icasa defends spectrum allocation position

By: Natasha Odendaal     23rd May 2014 The Independent Communications Authority of South Africa (Icasa) on Friday defended itself against “insinuations” that the ongoing mergers and acquisitions in the information and communications technology (ICT) industry were a result of the regulator’s delay in issuing high-demand spectrum. This... 

Vodacom buys Neotel in R7bn deal 

By: Creamer Media Reporter      22nd May 2014 Creamer Media's Tracy Hancock speaks to Contributing Editor Online Natasha Odendaal about telecommunication's giant Vodacom's R7-billion purchase of converged communications network operator Neotel. 

Vodacom’s Acquisition Of Neotel Indicative Of Industry Consolidation

     20th May 2014 The acquisition by mobile operator Vodacom of unlisted telecommunications company Neotel in a cash transaction worth R7 billion is indicative of ongoing consolidation in the industry. That’s according to Lloyd Chater, Director at pan-African corporate law firm Bowman Gilfillan, which advised Tata... 

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