Telkom will complete the legal separation of its wholesale division Openserve on 1 September, with the unit becoming a wholly owned subsidiary.
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TechCentral spoke to newly appointed Dimension Data CEO Alan Turnley-Jones about the company’s future in his first media interview since taking the role.
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Telkom has reported a decline in full-year revenue of 1.1%, to R42.8-billion. It has blamed tough competition and the weak state of the economy.
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BCX has extended its network into Teraco’s Johannesburg and Cape Town data centres, the Telkom-owned ICT services company said on Wednesday.
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Telkom grew its mobile base by just 10% year on year in the third quarter of its financial year to 16.4 million, a marked slowdown from the previous quarter, sending its shares tumbling.
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Telkom burned through close to R1-billion cash in the most recent six months.