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
In the past 20 years, Telkom has lost almost every aspect of the absolute monopoly it once held over South African telecommunications. First, it lost its supremacy over voice communication as cellular rivals challenged it for dominance and won. Today, the cellular operators carry the vast majority of
Telkom appears to be moving ahead with plans to move its head office from downtown Pretoria to its campus in Centurion, already the site of its main network operations centre and its mobile division. TechCentral first reported in June that Telkom was giving serious thought to relocating its head office to facilities closer
Telkom will not withdraw notices of termination involving 105 staff members, despite a demand from the Communication Workers Union (CWU) that it do so. The termination letters were issued legitimately issued in line with the agreed upon
Telkom has issued retrenchment letters to 105 staff members, the Communication Workers Union (CWU) said on Friday. “This was surprising to us as Telkom had reported that 302 management staff had taken voluntary severance packages and others had taken voluntary retirement packages
Telkom has appointed long-serving executive Deon Fredericks as its new chief financial officer with immediate effect. He had been acting in the position since October 2013 following the suspension of former CFO Jacques Schindehutte, who stepped down recently. Fredericks has acting as CFO
South Africa’s third mobile operator, Cell C, will oppose the proposed mobile network sharing deal between Telkom and MTN. “Cell C has been asked to comment on the proposed transaction by the
