Its not just a change in name.
Liquid Telecom is shifting its strategy – that much is clear. Their interim CEO Craig van Rooyen put it plainly last month; We have to do things a lot differently, and move away from our reliance on the telco business (which is heavy on infrastructure spending)… Through cloud and software-defined services and systems, you can […]
Strive Masiyiwa is reportedly having trouble selling off 20-34% of his stake in Liquid Telecom because of the Coronavirus pandemic. The stake he is looking to sell is valued at around US$600 million. Part of the proceeds from the sale of shares will be used to pay Kwese TV’s US$375 million administration bill. Masiyiwa was […]
AfricaCom 2017, Africa’s largest technology, telecoms and media event, is right around the corner and with it, it brings an awards ceremony that will be part of the 3-day event. AfricaCom Awards aim to celebrate the achievements of the best companies, solutions, products and personalities improving connectivity and driving Africa. For the AfricaCom Awards 2017, 3 […]
Earlier this month Econet Media announced Kwesé Play, a Roku powered streaming box. It has launched in South Africa. They also announced a partnership with Netflix. In the partnership, Kwesé becomes Netflix’s official African partner and the Kwesé Play streaming box becomes the first set-top box to officially include the Netflix service. By Africa they […]
The deal was recently concluded with Liquid Telecom releasing a statement to announce the latest development. the acquisition places Liquid Telecom as Raha’s largest shareholder which is expected to give Raha access to additional networks and services investment.
The Econet Wireless Group has been named as one of the suitors in the takeover of Neotel, the South African fixed line telecoms operator which competes with the State-owned Telkom.
Econet appears to have explored some very important aspects in becoming a strong Internet TV and VOD service operator. However, the question is whether or not it stands any chance against MultiChoice, the market leader in the African subscription market.
According to an updated ipidi website, the VOD service will come with two options – ipidi flix and ipidi boxoffice. The ipidi flix alternative offers monthly access to TV shows and movies and ipidi has made claims of a growing library with “thousands of hours” of content.
Liquid Telecom Mauritius is the holding company for Liquid Telecom Group. So, according to what the Minister has pointed out, Econet Wireless, which acquires its bandwidth from Liquid Telecom Zimbabwe, is essentially paying a significant premium on bandwidth to a sister company instead of acquiring it from cheaper alternative suppliers.
Econet has remained mum on their walkout from the Infrastructure Sharing debate, but it cannot afford as a business to just let it slide. What are some of its options going forward?
Econet and Liquid Telecom have pulled out of the POTRAZ led Infrastructure Sharing debate which is set to be concluded shortly.
Recently, Liquid Telecom the African telecoms infrastructure company announced the launch of Hai, a new Internet Service Provider and retail internet brand. Hai opened its doors in Zambia first, and there are plans to establish a presence in Rwanda and Kenya shortly.