Just when it appeared a sale of state-owned fibre infrastructure provider Broadband Infraco to Telkom was a fait accompli, Vodacom may now intervene and make an offer to buy the financially
Browsing: Broadband Infraco
South Africa’s minister of telecommunications & postal services, Siyabonga Cwele, has distanced his department from reports that telecommunications company Telkom and state-owned connectivity firm Broadband Infraco could merge. Media reports this
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
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 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
State-owned fibre-optic infrastructure company Broadband Infraco (BBI) has appealed to government for a bailout to continue its operations. On Tuesday, BBI revealed to the parliamentary
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
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
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
This week, telecommunications minister Siyabonga Cwele claimed there has been a “market failure” in the roll-out of broadband in South Africa. This, he said, is the reason the poor don’t have access