Dimension Data division Internet Solutions and Convergence Partners, the telecommunications investment vehicle controlled by Didata Africa chairman Andile Ngcaba, are jointly establishing a new business, called SpectraCo, with a view to possibly building a national wholesale wireless broadband network
Author: Duncan McLeod
Convergence Partners, a telecommunications investment vehicle controlled by Dimension Data Africa chairman Andile Ngcaba, has secured $35m in equity investment from the International Finance Corporation (IFC) for a new communications infrastructure fund. It will use the fund, which
Benjamin Mophatlane, CEO of JSE-listed IT services group Business Connexion, has warned that SA is slipping down the information and communications technology (ICT) rankings when compared to the rest of Africa and has no clear vision or “master plan” to grow the industry. The country has failed
Fledgling fibre-to-the-home infrastructure provider LinkAfrica Group, formerly known as i3 Africa, is finally ready to begin its trial network in Umhlanga, north of Durban, and is also gearing up to begin rolling out fibre in Pretoria and Cape Town. In March 2011, TechCentral
Telkom could win the race to be the first large telecommunications operator in SA to launch a commercial fourth-generation (4G) mobile network using long-term evolution (LTE) technology. TechCentral has established exclusively that Telkom has been working closely with Korea’s KT Corp on plans to build
Telkom CEO Nombulelo Moholi admitted that the telecommunications group had made a hash of its investments elsewhere in Africa. “A lot of the investments we made we shouldn’t have made,” she told analysts and journalists in Rosebank, Johannesburg
The primary focus of Telkom’s mobile arm, 8ta, will in future be on providing next-generation mobile broadband more than voice services, the acting CEO of the mobile unit, Jacques Schindehütte, said on Friday. Schindehütte, who is also Telkom’s
In a development that must be exercising the minds of Telkom’s management team, the telecommunications operator’s revenues from data fell by 1,7% in the 2012 financial year to the end of March. Data is the fastest-growing area of the telecoms industry, so the decline in revenues is concerning
As expected, Telkom has turned in a weak set of financial results for the year ended March 2012. Headline earnings per share have slumped by 33% to 324,7c, with the number of fixed lines in service falling below 4m for the first time in decades. As a result, the group’s board has decided not to pay a
The MD of Telkom’s international operations and subsidiaries, Motlatsi Nzeku, is “retiring” from the telecommunications group, effective immediately.
The controversial Nzeku was fired by former Telkom Group CEO Reuben September in 2009 for allegedly leaking internal Telkom documents to a Sunday