SWIFTNet will have a profound affect on the way banks and other financial institutions exchange financial messages and instructions in the future. Logica business consultant Neil Gray unravels ...

The move to the new SwiftNet Internet protocol-based network is expected to cost the worldwide financial community some $200 million, over and above the $200 million investment made by banking co ...

To help to enable back-office integration of critical information from financial institutions, Oracle will integrate its Oracle E-Business Suite and Oracle Application Server with SWIFT's ...

Johannesburg - Swiftnet, a wholly owned subsidiary of Telkom, is in breach of its telecommunications and radio frequency spectrum licences, which require it to have a 30 percent black economic ...

Negotiations with the potential buyer of Telkom’s Swiftnet masts and towers business have reached an advanced stage, says the telco. In its cautionary announcement released this morning, ...

Telkom is inviting interested companies to bid for its subsidiary Swiftnet, which has been struggling to find an empowerment partner since 2001. Swiftnet, which trades as Fastnet Wireless Service ...

Telkom’s disposal of Swiftnet can go ahead, with most of the suspensive conditions having been met. Telkom today announced that all suspensive conditions preceding the disposal have been fulfilled ...

Telkom, one of South Africa's leading telecommunication companies, recently made headlines with the sale of Swiftnet for a whopping R6.75 billion. In a recent interview with CNBC Africa, ...

Private equity firm Actis LLP is in talks to buy Swiftnet, the mast and tower business owned by South Africa’s Telkom SA SOC Ltd., according to people familiar with the matter.

Swiftnet, a Telkom SA subsidiary managed by Telkom SA-owned Gyro Group, operates 6,225 masts and towers across South Africa. The company hasn't disclosed its asking price for Swiftnet, nor who it ...

Fixed-line operator Telkom had sold a 30 percent stake in subsidiary Swiftnet to empowerment company Radio Surveillance Consortium for R55 million, the company said yesterday.