As expected, Telkom has turned in a weak set of financial results for the year ended March 2012. Headline earnings per share have slumped by 33% to 324,7c, with the number of fixed lines in service falling below 4m for the first time in decades. As a result, the group’s board has decided not to pay a
The MD of Telkom’s international operations and subsidiaries, Motlatsi Nzeku, is “retiring” from the telecommunications group, effective immediately.
The controversial Nzeku was fired by former Telkom Group CEO Reuben September in 2009 for allegedly leaking internal Telkom documents to a Sunday
Samsung Electronics’ highly anticipated flagship smartphone, the Galaxy S3, has launched in SA. The phone has been available from mobile operator Vodacom since the end of last month. Billed by some as the handset that could eat into the market share of Apple, with its iPhone 4S, the S3 is available starting
Investors have expressed keen interest in a undersea broadband cable that would link Brazil, Russia, India, China and SA (the Brics countries) to each other and the US, a promoter of the project said on Thursday. “There have been many parties showing interest in the Brics cable project. To date, a total of
With an untucked shirt and a casual gait, Steven Cohen doesn’t look like the MD of one of SA’s most successful software companies. Softline Pastel was co-founded by Ivan Epstein and Alan Osrin in 1988 – with Cohen, then a young entrepreneur, joining the pair 22 years ago. As I’m sitting with
Telkom services in Springs on Gauteng’s East Rand have been disrupted following multiple cable theft in the area, the fixed-line operator said on Thursday. More than 1 000 corporate and residential customers have been affected. “On Wednesday, 6 June, cable thieves broke into
Two of the UK’s biggest mobile operators, Vodafone and O2 (owned by Spain’s Telefonica), have announced they will pool infrastructure in a bid to reduce costs and build a platform for next-generation long-term evolution (LTE) networks in a move that could point the way for SA operators to build their own
Cell C CEO Alan Knott-Craig has made his next big move after dropping a pricing bomb on his rivals in the prepaid market. The cellular operator is introducing variable-term contracts and slashing the cost of calls for post-paid subscribers. The company is introducing six new products
Government first raised the idea of a deal between Telkom and Korea’s KT Corp. So, last week’s decision by cabinet not to support the transaction comes as a surprise and a setback for the JSE-listed company and raises serious concerns for shareholders and
There are three things that strike you as you take HTC’s new flagship Android smartphone, the One X, out of its box. The first is how big the screen is; the second how thin and light it is for such a large phone; and, the third, how gorgeous its curved design looks. In the 130g HTC
