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Moco News (Free subscription) | 07/31/2008
The companies behind Mobile 3.0, publishing houses Burda and Holtzbrinck together with South African media company Naspers, are reportedly about to end their plans to launch a DVB-H network in Germany. The consortium won the license to provide the service in January this year and started test transmissions on June 1, with 9 TV channels and 3 radio stations. However, after the carriers failed to win...
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IntoMobile (Free subscription) | 07/08/2008
Nimbuzz, the company behind the popular VoIP and IM client, has announced that it has raised $15 million in the second round of funding. Naspers/MIH led the round and Nimbuzz's other major existing investor, Mangrove Capital Partners, also participated. According to the official release, the new money will be used to further develop Nimbuzz's product offering [...]
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VoIP News (Free subscription) | 07/08/2008
What’s the buzz on Nimbuzz? The company has raised another $15 million for product development. This was Nimbuzz’s second round of fund raising. Naspers/MIH and Mangrove Capital Partners were involved in the fundraising.. “We are actively working on strategic distribution deals with leading social networks and mobile operators. It is our aim to blend our technology with [...]
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Business Report (Free subscription) | 07/06/2008
An estimated R400 million windfall is awaiting black shareholders in MultiChoice if Naspers decides to pay a special dividend after selling MWeb, the company's subsidiary.
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Digital Media Wire (Free subscription) | 07/02/2008
London - Nimbuzz, a provider of VoIP and IM services for mobile devices and social networks, announced on Wednesday that it has raised a $15 million second round of funding, led by Naspers/MIH with participation from previous backer Mangrove Capital Partners. read more
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All Africa (Free subscription) | 07/02/2008
Naspers had received a dozen bids for its internet operation MWeb, which was put on sale early last month, Africa's biggest media group said on Monday.
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Business Wire (Free subscription) | 06/30/2008
CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited (JSE:NPN) (NASDAQ:NPSN) today announced the disposal of NetMed N.V. and withdrawal of cautionary.
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Mail & Guardian (Free subscription) | 06/29/2008
"What would you do if, for R2,6-million, you had to choose between God and Mugabe?"iasks Afrikaans musician and author Koos Kombuis on his blog.
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All Africa (Free subscription) | 06/27/2008
A JOHANNESBURG Stock Exchange-listed multinational media company, Naspers, this week received wide condemnation for printing President Robert Mugabe's presidential run-off campaign material.
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Afrigator (Free subscription) | 06/26/2008
Earlier this year local social networking technology company, BWCOM, was acquired by Naspers. BWCOM owns social networks Blueworld, Zoopedup and GayPeers. Is this the attention the local web startup industry needs to gain more confidence from venture capitalists so entrepreneurs don’t have to sell off large portions of their equity to take their business to the next level? Congrats to Jason Elk and...
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Moco News (Free subscription) | 06/25/2008
Naspers, one of the biggest media companies in Africa, is going to expand its mobile TV service to other African countries: it said it was hoping to launch its mobile TV service in another four African countries, having done so in Namibia, Kenya and Nigeria. Naspers said that if it had been granted a mobile TV license in South Africa (where it is headquartered) this year, development costs would have...
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YBLOG ZA (Free subscription) | 06/25/2008
On the local front, Mandy de Waal finds apartheid 's printers pocketing R2.6 million to promote Robert Mugabe's Zanu-PF in a deal brokered by controversial South African Premier Soccer League (PSL) marketer, Peter "Kickback" Mancer . In a week when Naspers (JSE: NPN) should be celebrating buoyant financial results, the multinational media company faces a reputation scandal that sees it linked by a...
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Reuters UK (Free subscription) | 06/25/2008
JOHANNESBURG, June 25 (Reuters) - Naspers Ltd , Africa's biggest media company, lifted annual core headline earnings per share by 16 percent, sending its shares surging by nearly 7 percent on Wednesday.
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Mail & Guardian (Free subscription) | 06/25/2008
Naspers, Africa's biggest media company, lifted annual core headline earnings by 38% to R3,9-billion, the company said on Wednesday.
