Openserve CEO Althon Beukes is stepping down from his role at the helm of the Telkom-owned fibre network operator.
Browsing: Serame Taukobong
Icasa has cleared the sale of Telkom’s masts and towers business, Swiftnet, to a private equity consortium led by Actis.
Telkom has suspended plans to sell part of its fibre business, CEO Serame Taukobong said on Monday.
Telkom plans to muscle more aggressively into its rivals’ turf in corporate South Africa, CEO Serame Taukobong has told TechCentral.
Shares in Telkom rose after it said its interim adjusted headline earnings per share will climb by as much as 60%.
The Competition Tribunal has accepted a recommendation that Telkom be allowed to sell its towers business.
Revenue from “next-generation network” services now account for more than four-fifths of Telkom’s group revenue.
The Competition Commission has recommended the approval for the sale of Telkom’s masts and towers business.
TechCentral asked some of South Africa’s biggest ICT players to share their views on where they think the new communications minister should prioritise his efforts.
Telkom shareholders, including the government, have voted in favour of selling the company’s masts and towers business.