Telkom is giving serious thought to relocating its head office from downtown Pretoria to facilities closer to Johannesburg – at its campus in Highveld in Centurion – in a move designed mainly to cut costs, according to its group CEO, Sipho Maseko. Nothing is confirmed at this stage, but it’s understood
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Telkom wants to cut its ratio of staff expenses to revenue to 25% in the next five years, its acting chief financial officer Deon Fredericks has revealed. In the 2014 financial year ended 31 March, the ratio was 28,6%, down from 29,8% in 2013, a decline of 3,7%. The telecommunications operator
MTN will not get access to Telkom’s valuable chunk of 4G/LTE radio frequency spectrum in the 2,3GHz band. The negotiations between the two companies, in which it is proposed that MTN takes over the financial and operational management of Telkom’s radio access network, specifically excludes
Telkom has “really narrowed down the options” when it comes to video-on-demand (VOD) services and intends reissuing a tender for the supply of a solution that will allow the telecommunications operator to offer VOD on its fixed-line broadband access network. Last month, Telkom pulled the plug on
Telkom’s share price has risen sharply in the past year on optimism that the new leadership team under CEO Sipho Maseko has what it takes to turn the lumbering telecommunications giant around. Since last June, the share price has gained more than 150%. And since its low point in May last year, it has
Telkom has announced plans for a national fibre-to-the-home project targeting upmarket suburbs in Johannesburg, Pretoria, Durban and Cape Town. CEO Sipho Maseko on Friday revealed plans to roll out fibre broadband at speeds of up to 100Mbit/s. The main focus will be on
Telkom has unveiled plans to deploy high-speed 4G/LTE wireless broadband to homes across the country. The news comes after the company revealed plans to deploy fibre-to-the-home connectivity to about 20 suburbs before the end of the year. “Our commitment to deliver this roll-out
Government has backtracked on plans to have communications regulator Icasa report to the newly created department of communications, which also houses the SABC, Brand South Africa and other entities, a highly placed source with knowledge of the development has told TechCentral. Instead
Fixed lines were again the weakest link in Telkom’s annual financial results. For the year ended 31 March 2014, fixed-line data revenue went into reverse for the first time, recording a decline of 1,1%, while fixed voice and interconnection revenue fell by 7,4%. The company still managed an increase
Telkom CEO Sipho Maseko has paid tribute to the late CEO of Business Connexion (BCX), Benjamin Mophatlane, saying his death is a “great loss, not only for BCX, but for business in South Africa, the Africa region and the world”. “His zest for life and energising presence will be deeply missed,” Maseko said