Search results for "south africa"

South Africa's Clickatell Lands a $ 91 Million Investment

Both Mobile communications and chat commerce firm Clickatell publicized it has secured $91 million in a Series C round of funding, headed by Arrowroot Capital, contributing from Kennedy Lewis Investment Management, Endeavor Global, and Harvest.   The investors of Clickatell include Kennedy Lewis Investment Management, Arrowroot Capital, Sequoia Capital, DAG Ventures, Endeavor Global, and Harvest.   As such, […]

Amazon Resumes Hiring Spree in South Africa

E-commerce giant, Amazon, is centering its interest towards South Africa with new job listings in the country in various fields, including customer support, senior management, and more. Since 2004, the Big Tech giant has marked its robust presence in the oldest and second-largest city in South Africa, Cape Town. Then, in late 2018, it changed […]

Positive Response from South African Operators Amid Auction

After many delays, South Africa has high hopes of finally being able to auction spectrum, while it seems that the countries’ operators are now keen to get involved in the process.   As such, reports note that there have been six applications for the so-called high-demand spectrum. Telecoms regulator ICASA received applications from MTN, Vodacom, Telkom, […]

Sun Exchange, Expands Bitcoin-paying Solar Project in South Africa

South African firm, Sun Exchange, uncovered plans to expand its focus to reach various African countries in an ambitious project of crowd-sourced funding of solar panels and leasing them to customers. Supported by African Rainbow Capital Investments Ltd. – a group part-owned by billionaire Patrice Motsepe – Sun Exchange managed to raise $1.4 million funding […]

South Africa’s Operators Cooperate to Combat Crime

South Africa’s leading telecommunication operators, including MTN SA, Vodacom, Telkom SA, Cell C, and Liquid Intelligent Technologies, joined to establish a non-profit organization, the Communication Risk Information Centre (COMRiC).   The new company seeks to better protect its network investments and advance the country’s participation in the Fourth Industrial Revolution.   As such, COMRiC‘s main focus will be on […]

Oracle opens South African cloud region in Johannesburg

Computer technology company Oracle announced Thursday the opening of a data center to provide cloud services across Africa.   The data center, which opened this week in Johannesburg, will provide local cloud services from Oracle across Africa for the first time. According to reports, Africa will be the U.S. company’s 37th cloud region – which means […]

MTN supports South Africa in ongoing auction

MTN Group opposed a legal challenge raised by Telkom South Africa to prevent the country’s communications regulator from holding a spectrum auction in March.  Last week, Telkom reportedly filed an application asking a high court to review an invitation by the Independent Communications Authority of South Africa (ICASA) to participate in the auction, which outlines rules, spectrum […]

MTN South Africa launches 'uncapped' 5G, promising fast data speeds

MTN South Africa announced the launch of two new MyMTN Home Uncapped speed-based plans on 5G, promising fast data speeds, low latency, increased reliability, and good coverage. As such, the company provides 5G across 125 coverage areas across South Africa’s provinces, and the home 5G contract plans are available for new or upgrading subscribers. Customers […]

MTN Group to buy Telkom South Africa, report says

MTN Group has recently decided to buy South Africa’s Telkom, Bloomberg reported, however, Telkom has so far shown no interest in a sale, while it remains unclear whether the larger rival will continue its pursuit, the sources said.          As such, Telkom has so far rejected MTN’s proposals, and “it remains unclear” whether MTN will continue […]

MTN expands it 5G network coverage in South Africa

South African telecom giant MTN Group announced on Thursday that it expanded its 5G network coverage, within northern provinces of the country in Polokwane and Witbank. The company deployed 5G towers despite uncertainty regarding the allocation of new spectrum. “MTN is making strides with its 5G technology rollout strategy,” said Kagiso Moncho, MTN general manager […]