To attract new customers in a tough economy, Telkom has launched a new prepaid fibre solution for R99/week.
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Telkom shareholders will soon vote on a plan to sell the group’s towers and masts to a consortium led by private equity firm Actis.
Telkom is hiking prices across many of its retail and small business products, including fibre and DSL internet services.
Telkom is establishing a technology committee at board level, which will be headed by director Herman Singh.
Telkom has criticised Icasa’s proposed new inter-network call rates, saying there should be parity between fixed and mobile.
Telkom has reached an agreement to sell Swiftnet in a deal that gives the towers unit an enterprise value of R6.75-billion.
Private equity firm Actis is in talks to buy Swiftnet, the mast and tower business owned by Telkom, sources said.
Promoted | Telkom Business has launched a ground-breaking podcast series, Blaze, aimed at South African entrepreneurs.
Telkom has reported a 2% year-on-year improvement in revenue in the third quarter of its financial year.
Telkom said close collaboration with the police, aimed at nailing cable thieves, is achieving solid results.