As Telkom walked away from buying Cell C this week, the mobile operator’s parent, the Dubai-headquartered Oger Telecom, has said a sale is not the only option under consideration. Although
Browsing: Sipho Maseko
Telkom has abandoned a plan to acquire Cell C. The telecommunications operator told shareholders on Thursday afternoon that it had walked away from a deal to acquire South Africa’s third mobile licensee
Telkom had 14 212 employees at the end of September 2015, down from 21 800 in March 2013. However, further reductions in head count, including through “residual outsourcing”, are
Excluding the impact of retrenchments, Telkom has reported a 13,9% improvement in headline earnings per share, handily outstripping muted net revenue growth of 1,2% in the six months ended 30 September 2015. Earnings before interest, tax
Cell C shareholder Oger Telecom has rejected a R14bn offer from Telkom to acquire its 75% controlling stake in South Africa’s third mobile telecommunications provider, Bloomberg reported on Thursday. Quoting a “person familiar
Telkom and Old Mutual have reached a deal in terms of which the telecommunications operator will provide funeral cover to its customers. The first product will offer Telkom’s prepaid customers with “loyalty funeral cover”, underwritten by Old Mutual, valued at
Any Internet service provider that is worried that Telkom’s newly spun-off wholesale and network services arm, Openserve, will provide unfair advantages to the telecommunications operator’s retail arm is welcome, at any time, to come and study the company’s books
Telkom has announced it is spinning off its wholesale division as a separate business with its own brand identity. The new business will be called Openserve and is meant to serve not only Telkom but
Two years ago, we set out on a journey to transform Telkom, to turn the company around and to place it on a path to long-term growth and sustainability. Very little about the last two years has been easy
The Communication Workers Union (CWU) wants the chief executive officer of Telkom, Sipho Maseko, fired because of an alleged lack of transformation and job cuts at the company. The union accused Telkom