Communications minister Dina Pule on Wednesday told journalists that cabinet will finalise its decision regarding the future of Telkom either this week or by the “beginning of October”. Pule, who was speaking at the Classic FM Business
Author: Duncan McLeod
These are anxious times for the world’s largest software company. Microsoft has watched as long-time nemesis Apple has reinvented the smartphone and tablet businesses, carving out most of the industry’s profits for itself. Today, Apple is worth
Jonas Bogoshi, CEO of JSE-listed technology group Gijima, will step down at the end of the year after five years in the job. In a statement to shareholders, the group’s board says there will be a formal handover period of three months to a new CEO. It has
Brian Armstrong is the second highest paid member of Telkom’s executive committee after CEO Nombulelo Moholi. Armstrong, who heads Telkom Business, took home R10,5m in the 2012 financial year, of which R2,8m was in the form of a guaranteed package and R6,7m was in fringe and other benefits
Johannesburg, Pretoria and Durban will be the first to get access to MTN’s commercial fourth-generation (4G) network but Cape Town will not get access to the network, at least at first, because of a lack of available spectrum in the Mother City. MTN SA chief technology officer Kanagaratnam Lambotharan says MTN is on track to launch commercial
Telkom spent more than R200m repairing and replacing damaged and stolen copper-cable infrastructure in the financial year ended 31 March 2012. It spent a further R150m on security to protect the network from opportunistic thieves and criminal syndicates. The company says in its 2012 group integrated
Uncertainty continues to surround Telkom after a cabinet meeting on Wednesday where the company’s future was meant to be debated. Communications minister Dina Pule said last week that she would present three options for the company’s future to cabinet, which is government’s highest-level
Telkom’s past indiscretions are coming back to haunt it. The JSE-listed telecommunications operator has warned shareholders that it expects headline earnings per share from continuing operations for the six month to 30 September 2012 to be at least 65% lower than the same period in 2011. At the
JSE-listed technology group Altech has again been hit by poor performance at its East and West Africa operations, and has warned that as a result of impairments in these businesses it expects headline and adjusted headline earnings per share for the six months ended 31 August 2012 to be between 18% and 25% lower than a year
It’s all come down to this. Fifteen years after Telkom was partially privatised and nine years after it was listed on the JSE, communications minister Dina Pule was scheduled to present three options for the future of the company to President Jacob Zuma and members of his cabinet on Wednesday