Just a day after cautioning shareholders that it was in talks with MTN South Africa, Telkom has signed a heads of agreement with the company in terms of which MTN will take over financial and operational responsibility for the roll-out and operation of its radio access network. In addition, each company will be able to
Telkom CEO Sipho Maseko “omitted facts” in his open letter at the weekend to his counterparts at MTN and Vodacom and his comments were “a bit rich”. That’s the word from MTN South Africa CEO Zunaid Bulbulia, who told TechCentral on Wednesday
Telkom CEO Sipho Maseko has blasted his rivals at Vodacom and MTN, Shameel Joosub and Zunaid Bulbulia, accusing them of “standing in the way of South Africa’s future” by taking communications regulator Icasa to court over mobile termination rates. In an open letter to the Vodacom
The Companies and Intellectual Property Commission (CIPC) has scolded Telkom CEO Sipho Maseko, ordering him to attend a corporate governance and director duties course within 90 business days over the granting of a R6m interest-free loan to the company’s
Telkom has weighed in on the battle raging in the telecommunications industry over mobile termination rates, the fees operators pay each other to carry calls between their networks. Group CEO Sipho Maseko says recent moves to oppose reduced rates, which will take effect on 1 April, will delay reducing the cost
Telkom has appointed Alphonzo Samuels as its new chief technology officer. The CTO role is a newly created position in the top management layer at the fixed-line operator. Samuels joined the company in January 1984. During his 30-year
Telkom CEO Sipho Maseko has said that he hopes the company will be offering conmsumers a triple-play combination of uncapped Internet access, voice services and video on demand (VOD) for one flat-rate fee within the next 12 months. The JSE-listed telecommunications operator, which is
Telkom’s share price climbed marginally on the JSE on Tuesday after a report overnight suggested it may be in discussions with an investment group from Southeast Asia that may be prepared to invest up to US$3bn into the operator’s struggling mobile division. According to a
The disciplinary hearing involving suspended Telkom chief financial officer Jacques Schindehütte will begin in Johannesburg tomorrow, Thursday, the telecommunications operator has said in a statement. “This disciplinary hearing is the outcome of a process that
Suspended Telkom chief financial officer Jacques Schindehütte has a “fiduciary duty” to repay R6m he was loaned by the company so that he could buy shares. The telecommunications operator says in a statement that the loan was granted in a manner that
