Browsing: News

Telkom’s operating expenses of R15,6bn in the first half of its 2013 financial year were almost level with its revenue of R16,1bn, meaning the company could soon be lossmaking. This is the warning from chief financial officer Jacques

Roy Kruger, technical adviser to communications minister Dina Pule, says Telkom is set to stage a turnaround despite being overstaffed “like all government entities”. He says the Pule has submitted several proposals, including a recommendation, on the company’s future to cabinet. He

Africa’s booming mobile market’s edge lies in its role as an innovative hub for new products in the banking, health, education and commerce sectors. A number of recent reports released by PwC, Deloitte and the GSM Association have confirmed this growing trend. It

Migration from fixed-line services to mobile alternatives continues to hurt Telkom, with the number of fixed lines in service plummeting to less than 3,9m at the end of September from 4,1m a year ago. The operator’s interim results for the six

South Africa’s e-reader market received a shake-up this month when Pick n Pay announced that it was bringing the Kobo Touch e-reader to SA for R995. By comparison, the Kindle Touch 3G, which was recently launched in South Africa, retails at R2 699. Obviously

Parliament’s portfolio committee on communications will probe telecommunications costs in South Africa, starting at a two-day public hearing at the end of this month. The two-day session, which will take place on 29 and 30 November, will form the initial phase of

Telkom has appointed Jabulane Mabuza as its chairman with immediate effect. Mabuza was appointed to the board as a nonexecutive director earlier this week. Mabuza fills the role of chairman left vacant by the resignation at Telkom’s annual general meeting

Nokia on Friday launched its highly anticipated new flagship smartphone, the Lumia 920, in South Africa. The phone, seen by analysts as the Finnish firm’s best chance to date of reversing its punishing loss in smartphone market share, is the first from Nokia running Windows

Telkom is moving quickly to reconstitute its board of directors following government’s move at the company’s recent annual general meeting to block the election or reelection of four of its nonexecutive directors. On Friday, it announced it had appointed Leslie Maasdorp

It will cost R28bn to take high-speed fibre-optic broadband infrastructure into 1,5m South African homes. That’s the estimate by Dark Fibre Africa CEO Gustav Smit, who says there is no proper business case for fibre to the home on a mass scale yet, only