Telkom is one step closer to completing its takeover of Business Connexion with news that the competition tribunal has set aside 30 July to 7 August for its hearing on the matter. Telkom has
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Telkom’s fixed-line voice revenue has plummeted in the past year, falling by more than 13,4%, or almost R1,1bn. In its financial year to 31 March 2015, Telkom reported fixed-line voice usage revenue of less than R6,9bn, down from R7,9bn a year ago
Vodacom CEO Shameel Joosub said the telecommunications operator’s proposed R7bn acquisition of Neotel should have no conditions attached to it as it is “stepping up to the plate” to be South
It’s a case of second time lucky for Telkom and Business Connexion (BCX). The Competition Commission announced on Thursday that it has recommended to the Competition Tribunal that the
They make millions every year. But Telkom CEO Sipho Maseko and Vodacom CEO Shameel Joosub have agreed to spend a winter’s night on the cold streets of Johannesburg – and will even stump up a large amount
Business Connexion, the IT services group currently the subject of a R2,7bn takeover by Telkom, has turned in a robust performance in the six months ended 28 February 2015, with diluted headline earning per share rising by 23,6% on the back of a 16%
Telkom “trusts” that the Financial Services Board and the JSE will “respond as necessary” in the wake of an allegation by Democratic Alliance leader Helen Zille on Tuesday that “those on the inside track” about government’s plan to name the company as its “lead
Telkom will no longer seek the permission of communications regulator Icasa for its proposed R2,7bn acquisition of Business Connexion (BCX), the telecommunications operator said on Tuesday
JSE-listed technology services group Business Connexion (BCX), currently the subject of a takeover by Telkom, has reported normalised headline earnings per share of 39,8c for the year ended 31 August 2014, down from 45,1c in the 2013 financial year. Normalised gross margins fell only slightly, from
The Competition Commission has recommended the approval of MTN’s acquisition of a majority stake in Afrihost. It won’t impose any conditions on its support of the deal, it said on Wednesday. TechCentral reported in early June that the