Telkom shares rose as much as 8.9% on Monday morning after a report said Sipho Maseko is spearheading a possible bid to buy 35% of the group.
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The PIC is backing a possible bid led by the former chief executive of Telkom for a 35% stake in the company, sources said.
Communications regulator Icasa has officially opened a big portion of the 6GHz band to Wi-Fi applications.
Following Telkom’s shock profit warning last week, could MTN make another bid for the company?
Vumacam has partnered with Jozi Trails and City Parks to make the Braamfontein Spruit a safer place for outdoor enthusiasts.
MTN South Africa has issued requests for information for the supply of renewable onsite and offsite renewable energy solutions.
Telkom has warned of a sharp decline in earnings for its financial year ended March 2023, sending its shares over a cliff.
Government will issue a final policy direction on the allocation of 5G spectrum soon.
South Africa’s telecommunications industry has called for urgent action by government and regulators to address the country’s worsening power situation.
Vodafone Group is slashing jobs and simplifying its corporate structure. South Africa’s Vodacom Group is not affected by the layoffs.