Telkom wants to cut its ratio of staff expenses to revenue to 25% in the next five years, its acting chief financial officer Deon Fredericks has revealed. In the 2014 financial year ended 31 March, the ratio was 28,6%, down from 29,8% in 2013, a decline of 3,7%. The telecommunications operator
Telecommunications provider BitCo has reached an agreement with Chatz Connect to sell its home broadband product, which competes with Telkom’s fixed-line ADSL offerings, through Chatz’s network of retail stores. Chatz Connect, the largest of Vodacom’s independent dealers, is a big player in South Africa’s
Hisense is a brand better known for its low-priced appliances and consumer electronics such as fridges and LCD TVs. More recently, though, the company has entered the crowded smartphone space. At this year’s Mobile World Congress in Spain, Hisense took the wraps off its latest high-end device, the
Microsoft on Wednesday launched a television white-spaces spectrum pilot in Limpopo, using unused portions of radio frequency spectrum reserved for broadcasting to deliver Internet access. It hopes the project will encourage further deployments throughout Africa. The pilot follows the launch of similar
An alleged copper cable theft kingpin was expected to appear in the Polokwane magistrate’s court on Wednesday, Limpopo police said. Brigadier Hangwani Mulaudzi said the 37-year-old man was arrested in Westernburg, outside Polokwane, on Tuesday, with copper cables worth R700 000. “Further investigations
ower constraints call for a “radical transformation” of the country’s energy sector, President Jacob Zuma told South Africans on Tuesday. “We need to respond decisively to the country’s energy constraints, in order to create a conducive environment for growth,” he said in his state of the nation address
Business Connexion (BCX) will hold a memorial service for its late CEO, Benjamin Mophatlane, in Pretoria on Thursday and the company has invited anyone who would like to pay their last respects to attend the service. Mophatlane passed away last week, 11 June, in Johannesburg after suffering a heart
MTN will not get access to Telkom’s valuable chunk of 4G/LTE radio frequency spectrum in the 2,3GHz band. The negotiations between the two companies, in which it is proposed that MTN takes over the financial and operational management of Telkom’s radio access network, specifically excludes
Vodacom should be required to separate itself into distinct retail and wholesale arms, similar to the way Telkom has been required to structure itself, if the mobile operator’s proposed R7bn acquisition of Neotel is allowed by regulators to go ahead. That’s the view of the
Dimension Data’s Internet Solutions is acquiring disaster recovery specialist ContinuitySA for an undisclosed sum. The deal means Internet Solutions will be able to meet demand from clients for full data recovery and business continuity services from a single provider, it said in a statement. “There are
