Telkom paid its former group CEO, Sipho Maseko, R20-million in retention bonuses in the past two years plus a R32-million restraint to prevent him being poached by competitors.
Browsing: Telecoms
Promoted | MTN Business has appointed MIA Telecoms as its aggregator for the management of new resellers and partners.
The idea of a pan-African telecoms champion that has a large shareholding by the South African government looks likely to grease the political wheels of MTN’s audacious bid to buy Telkom.
Vodacom Group reported a 5.2% year-on-year improvement in quarterly revenue on the back of a “resilient” performance in its home market.
Microsoft Teams was back up for most users after an hours-long outage that disrupted the chat application globally.
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Vodafone New Zealand is selling its mobile phone tower assets to investment firms for NZ$1.7-billion, or about R17.9-billion.
MTN Group has entered into discussions to acquire Telkom. The talks are at an early stage, the parties said, and might not result in a deal.
Keabetswe Modimoeng said MTN Group’s proposed acquisition of rival Telkom should be considered seriously by regulators.