In the past six months alone, at least 1 800 batteries – costing on average about R250 000 each – have been stolen.
Browsing: Telecoms
Telkom CEO Serame Taukobong said his company does not need saving, even as suitors begin lining up.
Telkom is just weeks away from announcing the sale of its masts and towers business.
MTN Group on Tuesday hinted strongly that it remains interested in buying Telkom.
Telkom has decided to hit pause on dividend pay-outs for longer than expected as it battles tough market conditions.
Promoted | Paratus, the landing partner for the Equiano subsea cable in Namibia, has announced the activation of the cable.
Telkom jumped as much as 12% after confirming it received a bid for a controlling stake from a consortium that includes its former CEO.
A possible bid by a consortium that includes former CEO Sipho Maseko to buy a stake in Telkom is still at an exploratory stage.
But the former telecommunications monopoly faces huge challenges if it hopes to remain a significant market player.
Icasa said it will soon publish a request for proposals to appoint a consultant to assist with its next broadband spectrum auction.