Browsing: Broadband Infraco

News
Telkom, Infraco in talks: report

Telkom and Broadband Infraco are in talks over “possible collaboration” as government moves to minimise duplication between state-owned enterprises. Telecommunications & postal services minister Siyabonga Cwele said

In-depth
Telkom edges closer to BCX

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

News
Infraco told to get ready for sale

State-owned fibre-optic telecommunications infrastructure provider Broadband Infraco has been directed by government to undertake a valuation exercise in preparation for its possible sale, the department

News
Infraco could run out of cash: report

Broadband Infraco on Tuesday reportedly told parliament that it has sufficient capital to continue operating until the end of August only. The admission has cast further doubt on the state-owned

News
Big question mark over Broadband Infraco

Broadband Infraco appears to be in limbo. After national treasury made no mention of the state-owned telecommunications company in its latest budget vote allocations, an Infraco spokesman has downplayed industry talk that it will soon be put up for sale. “Broadband

News
Infraco reports reduced R143m loss

Broadband Infraco, the state-owned company created by the department of public enterprises in the mid-2000s to challenge Telkom’s then absolute monopoly in national telecommunications infrastructure, has reported a loss of R143m for the year to March 2014. This is a slight

In-depth
CEO’s plan to fix ‘dysfunctional’ Sita

Freeman Nomvalo, the CEO of the State IT Agency (Sita), has promised that a turnaround strategy he is leading will transform the organisation for the better, but it could take as many as four years for the project to be completed fully. He told journalists

News
Infraco to deliver annual report late

State-owned telecommunications infrastructure company Broadband Infraco is one of three companies that have not tabled their integrated reports to parliament on time, public enterprises minister Lynne Brown’s office said on Tuesday. Brown informed the speaker that South African

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