So, Vodacom is in exclusive talks to buy Neotel. There’s no surprise there – that Neotel is for sale is one of the telecommunications industry’s worst-kept secrets. But if the deal goes ahead, which is far from certain, it could spark further, arguably much-needed consolidation in the sector
Browsing: Sipho Maseko
The stage is set for an epic showdown between South Africa’s telecommunications operators. This Friday, telecoms regulator Icasa will publish draft call termination regulations outlining its position on further cuts to termination rates and the introduction of asymmetry for smaller players
Telkom’s chief financial officer, Jacques Schindehütte, has bought R6m worth the telecommunications shares on the open market. The move comes on top of a R1m purchase of Telkom shares in July. The latest move by Schindehütte will come as reassuring news to Telkom
Telkom group CEO Sipho Maseko has vowed to fight local-loop unbundling (LLU), saying the telecommunications operator’s shareholders shouldn’t be “prejudiced unfairly” by “subsidising” competitors that don’t want to invest in their own infrastructure. “Telkom has been trampled over for quite a
In an effort to arrest declining revenues and remain competitive, Telkom is slashing costs wherever possible, including cancelling newspaper and magazine subscriptions, scrapping its “gift and flower policy”, doing away with bottled water and water coolers and limiting staff travel costs.
In terms of a consent agreement with South Africa’s competition authorities, Telkom on Thursday unveiled further tariff reductions for certain wholesale products, including a sharp reduction in international bandwidth prices. Effective from 17 October, Telkom Wholesale will reduce the tariff for
Telkom’s group CEO, Sipho Maseko, met with trade union representatives on Monday to discuss the company’s future and turnaround plans. A union official present at the meeting says Maseko told them that how the company behaves over the next couple of years will determine its future
In a surprise development, Telkom’s MD of wholesale and networks, Bashier Sallie, is quitting the telecommunications group. Sallie was leading the modernisation of Telkom’s network, which involves a multibillion-rand project to improve fixed-line broadband speeds for consumers
Telkom’s general executive for regulatory affairs has resigned. Staff were informed on Monday that Andrew Barendse was leaving the telecommunications group. Barendse’s resignation comes just weeks after TechCentral revealed that newly appointed Telkom group CEO Sipho Maseko
Telkom’s new initiative to encourage individuals, companies, universities and others to come up with innovative ways it can increase the uptake of fixed-line broadband sends a peculiar message. On one hand, it shows that Telkom acknowledges the importance of increasing broadband