Telkom CEO Sipho Maseko hopes to work with other industry players to present a plan to President Cyril Ramaphosa about how to deal with the challenge presented by the US’s blacklisting of China’s Huawei.
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While its rivals Vodacom, MTN and Cell C struggle with flat growth in a tough economic environment, Telkom is killing it in the mobile business, showing astonishing growth in subscribers in the past year.
In this episode of the podcast, Duncan McLeod interviews Telkom Group CEO Sipho Maseko on the group’s 2019 financial results.
Telkom is seeking an equity partner to help build more mobile network towers as the former South African phone monopoly seeks new ways to increase revenue away from its core, fixed-line business.
Telkom’s property management company Gyro plans to open many more buildings and high sites to other mobile operators as the partially state-owned company looks to extract more profit from its property portfolio.
Smartphone unit sales slumped by 7% year on year in the first quarter of 2019, according to new data from market researcher GfK.
MTN Nigeria said it has “not been accused of any wrongdoing” after reports emerged at the weekend that it’s being investigated by the country’s Economic and Financial Crimes Commission.
Huawei founder Ren Zhengfei struck a defiant tone in the face of US sanctions that threaten his company’s very survival.
While Telkom is cleaning up in mobile, its fixed-line business continues to feel pressure as competition bites and as the company continues to switch off wireline infrastructure. But the numbers are far from shocking.
Bitcoin soared to the highest level in a year, extending a run that’s seen prices more than double since March.