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Posts Tagged ‘economy’

  • Over 65 Nigerian telecom companies shut down

    June 9, 2011 • Mobile and TelecomsComments Off on Over 65 Nigerian telecom companies shut down

    ABOUT 65 Nigerian telcos have closed shop in recent times due to the prevailing harsh business environment in the country. President of the Association of Telecom Companies of Nigeria (ATCON), Titi Omo-Ettu, says the Nigerian government and international...

  • Nigeria’s GDP up 6.9% on telecom industry growth

    March 16, 2010 • Mobile and Telecoms, Top StoriesComments (1)

    The Nigerian economy grew by 6.9% last year following the expansion of the telecommunications industry in the country, this according to the Nigerian Bureau of Statistics...

  • More layoffs at Nokia

    May 19, 2009 • Mobile and TelecomsComments Off on More layoffs at Nokia

    As part of its previously announced plans described as streamlining of operations, Nokia today announced plans to lay off a further170 employees working in logistics, production management and production support around the world...

  • SA companies encouraged to look for tech solutions locally

    May 4, 2009 • Enterprise ITComments (1)

    In the current economic downturn and with frequentforeign exchange rate fluctuations raising the cost of international technologies by 25% and more, South African companies may see locally developed products as an attractive, logical solution...

  • SAP records first quarter losses

    April 30, 2009 • Enterprise ITComments Off on SAP records first quarter losses

    Leading business software provider SAP has released its results for the first quarter of this year, during which it recorded losses in revenue and income...

  • Ernst & Young says cutting IT budgets could be costly

    April 30, 2009 • PeopleComments Off on Ernst & Young says cutting IT budgets could be costly

    Professional service firm Ernst & Young has warned companies to take care in cutting their Information Technology (IT) budgets, at a time when economic conditions force many companies to curtail spending just to survive...

  • Economic conditions cause slowdown in PC sales

    April 20, 2009 • Mobile and TelecomsComments Off on Economic conditions cause slowdown in PC sales

    The computer hardware market in Europe, Middle East and Africa (EMEA) showed its first yearly decline since 2001, in line with global forecasts...

  • ITU will meet to discuss global financial crisis

    March 31, 2009 • Mobile and TelecomsComments Off on ITU will meet to discuss global financial crisis

    Members of the International Telecommunications Union (ITU) will meet in Portugal in April for the World Telecommunication Policy Forum, to discuss major challenges facing the sector...

  • IDC study shows lack of capital funding for ICT

    March 25, 2009 • PeopleComments Off on IDC study shows lack of capital funding for ICT

    According to new research conducted by South Africa’s Industrial Development Corporation ( IDC) indicates that as Information Technology (IT) channel providers search for opportunities amid volatile credit and capital markets, the gap between customer IT...