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Telkom’s ICT services business BCX will spin off its data centre business into another Telkom subsidiary, Gyro, and the telecommunications group may then seek external investors.

The SABC on Wednesday said it had concluded consultations under section 189 of the Labour Relations Act and would now retrench 400 employees 200 fewer than the 600 it said previously it might have to let go.

Telkom’s mobile data revenue surged 54% in the first half of its 2021 financial year, supported by an 81% surge in mobile traffic. However, it’s fixed-line business contracted sharply.

Telkom CEO Sipho Maseko said on Tuesday that the company has briefed its lawyers to “consider and advise” on its available options given its deep unhappiness with Icasa’s invitation to apply for broadband spectrum.

Huge Group subsidiary Huge Cellular has asked former partner Cell C to give it more time to migrate the remaining 15% of customers it hasn’t yet ported to MTN South Africa’s network. Cell C said it won’t get it.

Telkom is aiming to reduce the gap its shares are trading at to the net worth of its assets in the next three to five years, its CEO said on Tuesday, as the company drives to unlock value across its businesses.

Apple on Tuesday introduced a MacBook Air notebook and other computers with the first Apple-designed microprocessor, called the M1, a move that will tie its Macs and iPhones closer together technologically.

MultiChoice Group subsidiary SuperSport has secured the broadcasting rights for the Premier League for a further three seasons, meaning the JSE-listed pay-television operator has extended the relationship to 2025.

MultiChoice Group said on Monday its core headline earnings per share (Heps) for the half year that ended 30 September will be between 40-45% higher than the corresponding period last year.

The SABC has rubbished reports that it’s demanding that Netflix and other Internet streaming companies collect television licence fees on its behalf.