Datatec said on Tuesday that it has reached an agreement to sell subsidiary Westcon-Comstor’s operations in North America and Latin America for up to US$800m and 10% of Westcon-Comstor for $30m to US-listed IT supply
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Telkom has revealed a plan to speed up its copper-based broadband digital subscriber line network to up to 100Mbit/s. The telecommunications group’s CEO, Sipho Maseko, said at its annual
The strong full-year financial results published by Telkom on Monday “underscore the correctness” of government’s decision not to further privatise the JSE-listed company, telecommunications & postal services minister
Eskom wants its clients to pay on average 19,9% more for electricity from 1 April next year and proposes that municipalities pay 27,3% more for bulk electricity purchases from 1 July 2018. This comes against the background of controversy about
Telkom said on Monday that full-year earnings and the dividend both rose as South Africa’s biggest landline provider enters a new phase of growth by giving more autonomy to its four business units. Earnings per share excluding one-time items increased by
Telkom said on Monday that the number of fixed lines in service has fallen by 8,2% over the past year, to less than 3m, its lowest level in at least two decades, though this was offset by a 9,8% improvement in revenue per fixed access line and a strong performance in mobile
Telkom’s data-led FreeMe tariff plans, launched in the middle of 2016, appear to have taken the market by storm, with the company reporting service revenue growth of 38,4% from its mobile business driven by an increase in the active subscriber base, which
Cell C has unveiled new tariff plans called Connector aimed at heavy voice and data users. The plans offer up to 3 000 minutes of airtime to call any local network, a thousand SMSes and up to 50GB of data.
The ANC has urged the government to investigate the veracity of thousands of leaked e-mails that allegedly prove that members of the wealthy Gupta family, who are friends with President Jacob Zuma, exerted undue influence over his
Net1 UEPS Technologies’ new CEO, Herman Kotze, said a severance payment to the company’s founder and former CEO who was criticised by the company’s biggest shareholders was justified because they forced him into early retirement