Telkom saw big gains in the mobile side of its business but those were offset by continued and sustained loses in fixed services.
Having experienced tremendous growth at the start of the pandemic, as content has dried up, subscriber numbers have slowed to a crawl.
Facebook had a strong year in 2020 but forthcoming changes to iOS 14 could upset the apple cart.
The national lockdown helped drive up Telkom’s subscribers appetite for mobile data but fixed-services are becoming a weight around the company’s legs.
Cell C’s net loss for the last six months amounts to R7.5 billion though R5 billion was due to the new MTN network arrangement.
Vodacom reports that data traffic for the year was up 66 percent.
Despite adding many more subscribers, the dollar’s strength means those subscriptions aren’t adding much to Netflix’s bottom line.
Cell C has also managed to save R522 million in the last six months
CEO Douglas Craigie Stevenson is confident that Cell C can turn the ship around.
Eskom also says that municipal arrears debt has climbed to R19.9 billion.
Facebook’s net income fell drastically but aside from that, the social network is looking stronger than it did a year ago.
Over a billion stories are shared everyday as well.
Netflix is growing stronger by the quarter and it shows no signs of slowing down.
It’s been a good year for Apple, even the iPad is selling well.
For the first time there are more international Netflix subscribers than there are US subscribers
With a profit of R540 million and 20% more customers, 2016 wasn’t all bad for Cell C.
If you want to hit Vodacom where it hurts, use bundles.
The SABC’s available cash flow and revenue are both down from the previous financial year, the public broadcaster’s CEO has announced.