In what was clearly a very carefully worded speech delivered at the annual Satnac conference on Monday, Telkom Group CEO Nombulelo Moholi hinted there could be a solution to delivering broadband to all South Africans on a “sustainable basis” for the
Browsing: Broadband Infraco
It’s not often I find myself cheering when reading through government documents, but I did just that last week as I took in the plan’s revised proposals for the information and communications technology sector. Here, in black and white, a government commission has laid out many
Government has not yet made any decisions about whether it will buy out minority shareholders in Telkom and delist the telecommunications company from the JSE and discussions about the company’s future remain “exploratory”. That’s the
State-owned telecommunications infrastructure company Broadband Infraco has reduced its net losses in the 2012 financial year ended 31 March 2012, reporting a loss for the year of R95m against a loss of R206m in the 2011 financial year.
Earnings
The question of what SA should do about Telkom has occupied many minds, especially since its proposed deal with Korea’s KT Corp was blocked by cabinet. Telkom’s management team put on a brave face after the deal was scuppered, saying the KT deal would
FibreCo, the fibre-optic telecommunications infrastructure provider co-owned by Dimension Data’s Internet Solutions, Cell C and Convergence Partners, will begin work on the next leg of its network in the next three months to link the coastal cities of East London, Cape Town and Durban. The company
In the wake of cabinet’s rejection of KT Corp’s attempt to purchase a 20% stake in Telkom, reports now suggest the move was a precursor to the state taking full control of the company. Business Day reported on Tuesday, quoting a department of communications source, that Telkom’s delisting and renationalisation
The ANC wants scarce radio frequency spectrum to be made available to new players seeking to provide telecommunications services and it also wants to increase competition in the broadcasting industry, especially in pay television. These are two of the key points raised in the ruling party’s
Benjamin Mophatlane, CEO of JSE-listed IT services group Business Connexion, has warned that SA is slipping down the information and communications technology (ICT) rankings when compared to the rest of Africa and has no clear vision or “master plan” to grow the industry. The country has failed
Government first raised the idea of a deal between Telkom and Korea’s KT Corp. So, last week’s decision by cabinet not to support the transaction comes as a surprise and a setback for the JSE-listed company and raises serious concerns for shareholders and