Neotel competes with former state-owned service provider Telkom SA SOC Ltd. Vodacom will not assume Neotel’s debt of about 4.815 billion rand as of end-March. “Effectively, they have to settle the ...
The payment was flagged by a group of Deloitte SA trainees during a routine audit of the trade creditors of telecoms firm Neotel. An amount of R36-million excluding VAT had been earmarked for payment ...
Using technology to drive education, social-economic development and ultimately the country’s future growth isn’t just a governmental issue. This according to the Cape Digital Foundation (CDF) and ...
Liquid Telecom plans to expand and upgrade Neotel's network "to cater for rapidly accelerating mobile and enterprise traffic" when it takes over the converged communications network operator. This is ...
The sale of Tata-led South African telecommunications company Neotel to London-based Liquid Telecom will boost communication to create the largest broadband network in the continent, the pan-African ...
Johannesburg - Econet’s R6.55 billion offer for Neotel, through its Liquid Telecom subsidiary, may spell the end of Neotel’s role as a direct competitor to Telkom, but it is also likely to drive ...
JOHANNESBURG: The sale of Tata-led South African telecommunications company Neotel to London-based Liquid Telecom will boost communication to create the largest broadband network in the continent, the ...
Tata Communications has entered into agreement with Liquid Telecom Group to sell its South African telecom unit Neotel for 6.55 billion South African rand (around Rs 2,900 crore) as the Tata group ...
Neotel was plagued by accusations of corruption that resulted in the departure of CEO Sunil Joshi and CFO Steven Whiley last year. It needs a big cash injection if it wants to take on its competitors, ...
Neotel is hoping to wrap up an investigation within the next two to three weeks into possible bribery that led to the suspension in July of its CEO, Sunil Joshi, and its chief financial officer, ...
If Vodacom is allowed access to Neotel’s radio frequency spectrum assets, it will give the mobile operator an “unfair advantage” over MTN and other players in the telecommunications industry. That’s ...