Mar 4, 2020
The Competition Commission has approved Altron’s acquisition of Ubusha Technologies. Altron acquired the identity security company in December 2019 in a deal worth R360-million. Altron chief executive Mteto Nyati says: “This acquisition was the springboard...
Mar 4, 2020
In 2017, the global mobile virtual network operator (MVNO) market was valued at $54,1-billion. According to Market Watch, it’s expected to register a compound annual growth rate of 8,8% from 2018 to 2023. Even in South Africa’s consolidating economy this...
Mar 2, 2020
Total technology industry M&A deals in January 2020 worth $10,22-billion were announced in the US, according to GlobalData’s deals database. The value marked an increase of 58,4% over the previous month and a drop of 24,9% when compared with the last...
Mar 2, 2020
Section 12J manager Westbrooke Alternative Asset Management has confirmed that its 2020 fundraise has brought in over R400-million from more than 400 investors, with investment sizes ranging between R250 000 and R5-million. Dino Zuccollo, co-head of 12J at Westbrooke...
Mar 2, 2020
MTN Nigeria has released consolidated audited results for the year ended 31 December 2019. Key features of the announcement include: * Mobile subscribers increased by 6,1-million to 64,3-million. * Active data users increased by 6,5-million to 25,2-million. * Service...
Feb 28, 2020
Datatec subsidiary Analysys Mason has agreed to acquire Allolio & Konrad, a consultancy based in Bonn, Germany with an extensive track record in the telecommunications industry and long term client relationships with Europe’s leading telecom operators....
