Wednesday, May 14, 2025
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merger

Company News

Huge Group merges with Otel

Danielle Kruger -
Huge Group is merging independent telco company Otel with its networks business, Huge Networks (the Transactions). Huge Networks is a subsidiary company of the JSE-listed Huge Group and a data service provider and communications company. Otel is a nationwide provider...
Features

Interview: DEOD MD discusses industry rocking DSTV/Showmax merger

Staff Writer -
IT News Africa recently spoke to Stephen Watson, MD of Discover Digital, in an interview which looked to reveal his perspective, as a small role player in the video on demand scene, on the recent announcement from Multichoice that...
FinTech

Nigerian price comparison site acquired by Silvertree

Staff Writer -
Nigerian price comparison site, TopCheck, has been acquired by Africa's leading Internet Platform, Silvertree Internet Holdings, for an undisclosed amount. In 2016 the website recorded fast growth, processing up to 10 million USD (3 billion Naira)  in Gross Application Value...
Online & Social

South Africa: Kalahari-takealot merger gets the green light

Staff Writer -
The competition authority has revealed the approval of the merger application of takealot.com and Kalahari.com, two of South Africa’s ecommerce players, on the 5th of January 2015. According to the authority, the online retail merger becomes effective on 01...
Company News

Takealot and Kalahari set to merge

Staff Writer -
Kalahari.com and Takealot have released a statement that reveals that both parties will be merging their operations. According to both parties, the move has been made in order to compete against the likes of online portals such as Amazon...
Top Stories

Telkom makes R2.7bn cash offer for 100% of Business Connexion

Staff Writer -
Telkom SA SOC (Telkom), South Africa’s listed full service ICT provider, today announced that it has made an offer by entering into an agreement with Business Connexion Group (BCX) in terms of which Telkom will acquire 100% of BCX. BCX...
Mobile and Telecoms

Neotel, Vodacom CEOs comment on R7billion acquisition

Staff Writer -
Last year, it was revealed that Neotel and Vodacom were entering into exclusive talks for a due diligence. Today, Neotel and Vodacom SA have announced that they have favourably concluded an agreement on the commercial structure and terms to...
Company News

HDS on new SSA growth path following Shoden Data Systems integration

Staff Writer -
Hitachi Data Systems (HDS) is embarking on an aggressive growth strategy across sub-Saharan Africa, following the full integration of Shoden Data Systems into Hitachi Data Systems Corporation. Shoden was acquired by Hitachi Data Systems Corporation in February 2012, and officially...
Mobile and Telecoms

Egypt telecom merger with Russian carrier approved

Staff Writer -
A merger that appeared headed for the dumpster was approved on Thursday in the Netherlands by VimpelCom shareholders. The move means Egypt’s Orascom Telecom is set to merge with the Russian carrier's  eastern European operations, adding to the vast...
Mobile and Telecoms

MTN Business acquires 100% of UUNET Zambia

Staff Writer -
MTN Business today celebrates the integration of UUNET Zambia into its stable-house in a move set to improve the competitiveness of Zambia’s businesses sector through offering them world-class telecommunications solutions. The integration, which follows MTN’s acquisition of 100% of the...
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Latest News

East AfricaMamsi Nkosi -

Safaricom Partners with Quickmart to Accelerate 4G & 5G Home Internet Access

Safaricom has partnered with Quickmart to offer its 4G and 5G for Home internet solutions, enhancing accessibility and convenience...
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