Internet News - In Brief

Internet

- After much criticism of its monopoly of SAT-3 bandwidth, Telkom South Africa has cut its international bandwidth prices by 25%.

- First National Bank (FNB) has introduced an FNB-branded Internet service as an extension to its existing eBucks Internet access option. The Internet access service was given a low-key launch in FNB branches last month and online in the past week, and is aimed at supporting Internet banking by providing clients with affordable Internet access.

- TradeWorld, the e-trading hub, has signed an agreement with international marketplace Quadrem, which will see them merging to form what they claim will be one of the biggest local e-marketplaces. Under this agreement, TradeWorld, a wholly owned subsidiary of Tactical Software Systems (TSS), and Quadrem will deliver e-business solutions for South African clients, streamlining the procurement process from tendering or request for quotations, to purchase order and settlement notices.