Browsing: Serame Taukobong

Telkom shareholders will soon vote on a plan to sell the group’s towers and masts to a consortium led by private equity firm Actis.

Telkom has reached an agreement to sell Swiftnet in a deal that gives the towers unit an enterprise value of R6.75-billion.

Telkom has reported a 2% year-on-year improvement in revenue in the third quarter of its financial year.

Telkom appears to need more time than it anticipated to conclude a deal to sell its tower assets.

The SIU has filed for leave to appeal a court judgment in favour of Telkom over a probe ordered by President Cyril Ramaphosa.

Telkom has appointed former Idols SA judge Randall Abrahams, 54, as group executive for digital solutions.

Earnings are still under pressure, but the top line has grown nicely in Telkom’s most recent quarter ended 30 June 2023.

Telkom is doubling down on its demand that it should continue to qualify for asymmetric mobile termination rates.

The TechCentral Show has had a strong start to the year. Don’t miss our selection of 10 of the top recent episodes.

While Telkom’s mobile business has made good strides in recent years, its IT business, BCX, has been struggling.