Ren Zhengfei has told employees the company must shift its focus from pursuing scale to ensuring profits and cash flow.
Browsing: Telecoms
In separate but identical regulatory filings on Monday, MTN Group and Telkom said they remained locked in discussions about a potential combination.
The Vodacom Group parent has agreed to sell its Hungarian unit in a deal valued at €1.8-billion as part of its plan to simplify its sprawling business.
Promoted | The customer experience, or CX, of your contact centre is what helps your customers decide: should they stay, or should they go?
Icasa has begun the process of making more radio frequency spectrum available to operators wanting to provide broadband services.
MTN Group has announced it is appointing the outgoing CEO of Icasa as chief of staff in the office of group CEO Ralph Mupita.
Rain has withdrawn its press release of 11 August in which it announced a plan to approach Telkom’s board about a merger.
Government has received an unsolicited bid for its 40.5% stake in Telkom from an investment firm called the Toto Consortium.
Telkom said it has not it had received a proposal from Rain and remains in talks with rival MTN about a possible transaction.
Huawei reported its first quarterly sales rise since the end of 2020 as it fights the US blacklisting that hammered its smartphone business.