Regulator halts trading of Samsung BioLogics’ shares

South Korea’s biggest conglomerate, Samsung, is dealt a major blow as its recently-listed BioLogics arm faces posible de-listing for breaching accounting rules

Kenya approves Loon’s plan to provide internet from balloons

With balloons the size of tennis courts, powered by solar energy, and steered by wind, Loon plans to bring 4G connectivity to Telkom Kenya  subscribers 

Providing 5G will not lift capital expenditure, says Vodacom

The rollout of fifth-generation (5G) mobile networks will probably not raise Vodacom’s capital expenditure requirements as the infrastructure will be deployed ...

Netflix, Amazon and 21st Century Fox fight for Indian phone-mad consumers

India, with a population of 1.3-billion people and 700-million phone users, is the next financial frontier for streaming content creators

Naspers rises on Tencent’s better-than-expected results

Tencent bucks a trend of recent let-downs, as a slowdown dampens the outlook for China’s largest corporations, and is said to be belt-tightening 

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Nigeria said to be cutting $8.1bn demanded from MTN to $800m

MTN's share jumped 8.6% on the news from a Lagos-based news site but it settled back to Tuesday's closing price as the market started to doubt the veracity of ...

WATCH: How mobile came to Telkom’s rescue

Telkom CEO Sipho Maseko talks to Business Day TV about the telecoms company’s interim results

MTN to offer entry-level smartphones costing $20

Africa’s biggest mobile phone operator is aiming to sell about 10-million of the devices over the next three years

Telkom could unbundle property assets worth about R24bn

The telecommunications group's capitalisation was R27.3bn on Tuesday

Vodafone CEO Nick Read notes cost-cutting plan after big losses on Indian unit

Vodafone sank into a net loss of almost €8bn in the first half of its financial year, sparked partly by a €3.4bn loss from the sale of Indian operations

MTN to have another go at a mobile money service in SA and Nigeria

The mobile operator pulled the service years ago after it failed to gain traction, but is confident it can now make it work

Telkom dials up mobile numbers as landlines die

A surge in mobile broadband subscribers helped the company compensate for fewer landline customers, but profit suffered

Ayo Tech declares 30c maiden dividend

Investment income is due to a surge in capital after listing boosted the group’s results

Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.