Mar 25, 2024
MTN has reported that group service revenue grew by 6,9% (13,5% in constant currency after accounting for the impact of the pro forma adjustments) for the year ended 31 December 2023, to R210,1-billin (2022: R196,5-billion). EBITDA (before once-off items) was down by...
Mar 25, 2024
According to a recent report by Dell’Oro Group 4Q 2023 worldwide Campus Switch sales declined by 4% year-over-year (Y/Y), marking the first quarter of decline since 4Q 2020 and signaling the onset of a multi-quarter digestion cycle in the market. Vendor...
Mar 22, 2024
The Justice Department, joined by 16 other state and district attorneys general, has filed a civil antitrust lawsuit against Apple for monopolisation or attempted monopolization of smartphone markets in violation of Section 2 of the Sherman Act. The complaint, filed...
Mar 22, 2024
The world’s generation of electronic waste is rising five times faster than documented e-waste recycling, the UN’s fourth Global E-waste Monitor (GEM) reveals. The 62-million tonnes of e-waste generated in 2022 would fill 1,55-million 40-tonne trucks,...
Mar 22, 2024
Employee compensation is one of the top areas where chief financial officers are planning to increase budgets, according to a survey by Gartner. In December 2023, Gartner polled 296 CFOs and senior finance leaders to understand how budgets and spending will change in...
Mar 22, 2024
Telkom has entered into an agreement to sell its masts and towers business housed in its wholly-owned subsidiary, Swiftnet, to Towerco Bidco, a new entity to be set up by a black economic empowerment (BEE) consortium. The sale has an enterprise value of R6,75-billion,...
