Image sourced from Town Press Cell C has released its interim results for the six months to June 2020. This inside look at the telco shows that it made a R7.5 billion net loss after tax. This loss, according to a report by My Broadband, was due to a number of ‘once-off costs’, and also reflects impairments to the value of R5 billion. Normalised earnings showed a 64% improvement to R1.8-billion, reflecting the overall impact of the new management team’s strategic focus on optimising its network as well as its emphasis on more profitable customers. However, overall revenue was at R6.9-billion compared to the six months of the previous year (2019: R7.4-billion). More than 89% of its revenue comes from service revenue which was 6% lower at R6.5-billion, while hybrid and Fibre-to-Home saw an in...
With a wide array of global tech competitors making a name in the South African market, big brands are losing their foothold and market share to younger, more agile and much more affordable brands. High-end, high-price isn’t necessarily what South Africans are after in the current economic climate, so it is the responsibility of tech brands and distributors to be innovative and globally savvy to meet the needs of all South Africans. Mobile in Africa, the official distribution partner of Xiaomi, has made it their mandate to keep up with tech trends and provide a diversity of IoT products catering to every budget. Mobile in Africa’s devotion to bringing top tech and the pinnacle of new, exciting and affordable technology to every South African has seen the addition of more and more impressiv...
Image sourced from MyBroadband Rain has announced the appointment of Brandon Leigh as its newest CEO – effective from 1 March 2021. Leigh will be taking over from the telco’s current CEO, Willem Roos, who will move to a non-executive role from 1 March 2021. “Willem joined rain in January 2018 and played a key role in taking rain from a start-up business to an established player in the telecommunications industry in South Africa,” says Paul Harris, Rain chairman. “When Willem joined, we agreed to a three-year tenure, and so it is natural that Brandon, as an original founder, resumes the CEO role. Brandon has been the visionary behind rain and the ideal person to continue growing the business.” Harris adds, “We also have a six-month handover period ensuring a smooth transition.” According to...
Xiaomi has introduced two new smartphones to the South African market – the Redmi Note 9 Pro and Redmi Note 9. Here’s a closer look at the latest additions to the Xiaomi Redmi Note series Featuring an impressive quad-camera setup in the rear, the Redmi Note 9 Pro’s 64MP main lens captures crisp, ultra-high resolution images in all lighting conditions while its 8MP ultra-wide-angle lens enables stunning large group images without compromise. A 5MP macro lens and 2MP depth sensor round out the rear camera, letting users take stunning close-up shots with fantastic bokeh. On the front, the device sports a 16MP in-display camera for high-quality selfies. Its new slow-motion selfie mode captures hilarious slow-motion videos. /* custom css */ .tdi_3_1d1.td-a-rec-img{ text-align: left; }.tdi_3_1d1...
Liquid Telecom has appointed Deon Geyser as its new CEO – effective 1 January 2021. Geyser holds a master’s degree in engineering management as well as bachelor’s degrees in Electronic Engineering and IT from the University of Johannesburg. Prior to joining LTSA, and in his 18-year career, he has held senior management positions at Siemens and Millicom International Cellular (Tigo). His most recent position being that of Head of Southern Africa and Vodafone Africa for Nokia since 2014. “We are delighted to welcome Deon to Liquid Telecom South Africa,” says Group COO, Ahmad Mokhles. “He is a proven leader and his strong knowledge of both the local market and the continent, extensive management experience in both the public and private sector and the track records in digital transformat...