South Africa’s big telecommunications operators are feeling the pinch of the tough economy, but financial results published in the past 10 days show Vodacom is weathering the storm better than its rival Telkom
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First, the really bad… Telkom is staring at a cliff: in the past 18 months, its lost nearly 100 000 ADSL subscribers. In that time, it’s only added 73 710 fibre connections to homes. The trend has been
Telkom subsidiary BCX has launched a digital learning platform, providing free access to online educational content in the fields of science and technology. Learners, educators, school administrators and
Telkom’s BCX said on Tuesday that it is selling its wholly owned Netcampus subsidiary to management and its Telkom FutureMakers enterprise development programme. Netcampus managing executive
Telkom’s IT services business, BCX (formerly Business Connexion), has invested R50m in a new data science training academy, which plans to create 300 year-long internships over the next three years. The
Telkom CEO Sipho Maseko took home total pay in the 2017 financial year of R25.9m, up 78% from R14.5m a year earlier, the company’s annual report, published on Tuesday, shows. Maseko, who took the reins at Telkom
Telkom will soon have a new name. CEO Sipho Maseko is leading a major restructuring at the partly state-owned company that will result in “Telkom” becoming the consumer-facing retail telecommunications brand sitting under a new, “Remgro-style” corporate centre.
Telkom said on Monday that full-year earnings and the dividend both rose as South Africa’s biggest landline provider enters a new phase of growth by giving more autonomy to its four business units. Earnings per share excluding one-time items increased by
elkom, taking the next step in a four-year turnaround under CEO Sipho Maseko, will overhaul its structure to spur profit and may consider offering stock in some of its units in the future. A new holding company format
Telkom subsidiary BCX (formerly Business Connexion) said on Wednesday that it will invest R60m in skills development over three years. The money will be pumped into WeThinkCode to more than double the number