Telkom has hit back at ZTE Mzanzi, a networking equipment vendor that was successful in bringing an interdict against the fixed-line operator in the high court on Friday, saying the court order will delay the roll-out of its upgraded access network and ultimately harm consumers. The operator said it was “confident” that its “robust procurement policy and the process
Browsing: Nombulelo Moholi
Telkom investors will welcome news that there will be continuity on the group’s board. Chairman Lazarus Zim has been reappointed to the position and his term of office will now end on 31 August or at the group’s 2013 annual general meeting, whichever is the earlier date. Zim was appointed
Jeffrey Hedberg has resigned as Altech’s chief operating officer less than nine months after joining the JSE-listed technology group, adding to a growing exodus of top management. Hedberg, a US national who was previously acting group CEO at Telkom, was appointed to Altech
Telkom released another set of shocking financial results this week, prompting some commentators to wonder if the company is sliding into irrelevance. But behind the dismal numbers is a more positive story. It’s one of a management team, under CEO Nombulelo Moholi
The pressure is on at Telkom. The JSE-listed telecommunications group says tougher trading conditions, growing competition, regulatory challenges and fixed-to-mobile substitution have put pressure on revenue and
Questions are swirling after Telkom said this week that, for the first time since its listing on the JSE in March 2003, it will not hold a presentation to talk about its interim financial results, which are due to be published on Monday. The results presentations, held every
Telkom investors are confused. When the telecommunications company issued its trading update at the end of last month, the surprise aspect was not the further R900m loss it incurred to get mobile operator 8ta on to its feet, nor the
Dimension Data SA chairman Andile Ngcaba, who is a big investor in SA’s telecommunications industry through his company Convergence Partners, expressed frustration on Monday at the slow pace of decision making over the allocation of
SA’s most important telecommunications operator has been abused for years. Telkom has been fraught with political infighting and plagued by shocking management decisions. Now, finally, indications are new CEO Nombulelo Moholi is
Newly appointed Telkom group chief financial officer Jacques Schindehütte has promised to work with CEO Nombulelo Moholi to bring stability to the management team at the partially privatised telecommunications operator. The leadership