They make millions every year. But Telkom CEO Sipho Maseko and Vodacom CEO Shameel Joosub have agreed to spend a winter’s night on the cold streets of Johannesburg – and will even stump up a large amount
Browsing: Sipho Maseko
Regulators are taking extraordinarily long to weigh up a number of big deals, including Vodacom’s proposed acquisition of Neotel, while the industry waits on tenterhooks for news that could change the sector. A number of significant deals that could
It appears that a potentially crippling strike at Telkom has been averted. The Communication Workers Union, which had threatened to take its members out on strike over grievances, now appears to have
Telkom “trusts” that the Financial Services Board and the JSE will “respond as necessary” in the wake of an allegation by Democratic Alliance leader Helen Zille on Tuesday that “those on the inside track” about government’s plan to name the company as its “lead
Telkom and Cell C both face significant upheaval in the short term, much more so than their rivals MTN and Vodacom. How the two companies adapt to the changing market will have a dramatic impact on South Africa’s telecoms sector and, ultimately, on the services that
Mobile operator MTN may be mulling the idea of taking a stake in rival Telkom, according to a report published on Monday. Citing three sources “familiar with the negotiations”, Bloomberg, a news agency, says MTN has
Here they are, TechCentral’s South African Newsmakers of 2014. These are the individuals, in ascending order from five to one, who we believe were the most newsworthy in the technology and telecommunications space this year, for good reasons and bad. Also, check out our International Newsmakers
The strong rally in Telkom’s share price has continued, with the counter touching a fresh five-year high of R70 in early trading on the JSE on Tuesday. Since its low point 18 months ago, Telkom’s share price has climbed by just shy of 500%. A R10 000 investment in Telkom on 6 May May 2013, when its
Telkom has denied that it is underinvesting in its network after the company revealed on Monday that its capital expenditure in the six months to 30 September 2014 fell sharply, with capex-to-revenue coming in well below guidance provided previously. This fall in capex prompted analysts on Monday
The number of Telkom fixed lines in service has fallen by almost 5% in the past 12 months, dropping to just 3,5m, from 3,7m a year ago, the telecommunications operator said on Monday. At the same time, however, Telkom has recorded a 7,4% increase in the number of broadband digital subscriber