IT distributor and PC assembler Mustek said on Friday that the financial losses associated with the ransacking of and arson at its Durban office will not exceed R20-million.
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At face value, Telkom reported good full-year numbers. However, there are some worrying signs hidden in the numbers.
The number of copper fixed lines in service at Telkom has plunged yet again. At the end of March, the company had fewer than 1.3 million customers using copper, down 20% from 1.6 million a year ago.
Promoted | The enhanced capabilities that AIOps platforms bring to businesses operating in the new normal are substantial and an investment priority that can no longer be overlooked.
Promoted | Artificial intelligence for IT operations, or AIOps for short, continues to be met by mixed reactions by decision makers in the IT industry.
Promoted | Corporate printing specialist Systems Print has continued its migration towards a fully digital printing service with the installation of a Xerox Color Press from Altron Document Solutions and channel partner XBC.
CxO Insights | The retail landscape is set to change significantly over the next five to 10 years, says Pierre Cronje, senior manager: operational engagement at BCX.
Telkom’s group chief financial officer, Tsholofelo Molefe, has resigned with immediate effect to take the role of chief financial officer at rival MTN Group, where she will take on CEO Ralph Mupita’s old job.
Promoted | Artificial intelligence for IT operations technology is emerging as the best-fit solution in helping organisations address and overcome some of the key challenges they are facing in the modern era.
Telkom CEO Sipho Maseko pointed out something of the obvious at the group’s interim results presentation earlier this week: the telecommunications group is undervalued.