Browsing: Broadband Infraco

Infraco, Telkom set to merge: report

A merger of troubled state-owned telecommunications infrastructure company Broadband Infraco and Telkom, in which government holds a 39,8% direct stake, looks increasingly certain, a report published on Monday said. Business Day said Infraco has indicated in

Hilton Tarrant
How to solve SA’s broadband mess

I was on a flight – my tenth or twelfth of the year, I forget – so I missed the president’s state of the nation address. In it, the word “broadband” was mentioned only twice, roughly about the same number of mentions it garners every year. “Government,” we were told

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

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

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

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

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

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

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