News

In a turn of events, the South African telecommunications corporation Telkom recently announced that it had turned down yet another offer for a takeover. This latest bid was extended by a consortium led by Sipho Maseko, previously at the helm of Telkom. Participating in this unsolicited offer, the consortium included Axian Telecom, Afrifund Investments Proprietary,…

Iberdrola, a renewable energy firm, will supply Vodafone operations in Germany, Portugal, and Spain with 410 gigawatt-hours (GWh) of solar energy annually, specifically photovoltaic (PV) energy. This expands an existing agreement, adding Portugal and Spain to their collaboration. Thus, the two companies are investigating further renewable initiatives across Europe. The deal specifies that Vodafone Portugal…

Talks of potential corporate matrimony between Dish Network and EchoStar are gathering momentum, prompting industry analysts to speculate if Charlie Ergen, co-founder of both companies, plans to bolster the financial health of one entity at the cost of the other. Late last week, Semafor claimed, citing well-informed sources, that both Dish and EchoStar have brought…