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
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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
Santaco, the South African National Taxi Council, will this Thursday announce plans to provide free Wi-Fi Internet access to minibus taxi commuters and around taxi ranks The taxi council is due to launch the service at an event in Orlando West in Soweto on Thursday morning
In The Tipping Point, Malcolm Gladwell demonstrated how fines that are set too low create the wrong behaviour. Only if they are set right does the required modification occur. I suspect we have a case of this here in South Africa, with the recent universal service obligations imposed on our leading national telecommunications
“You’ll need two dozen purple-scented candles and a goat suitable for ritual slaughter. Oh, and about a kilo of salt to draw a pentagram on the floor (blackboard chalk doesn’t work),” read a response to a frustrated consumer on an online forum asking for advice on how to unsubscribe from unwanted mobile
South African consumers’ satisfaction with mobile network service providers has remained unchanged in the past year, although their happiness with…
Last week was one of the most interesting in the history of telecommunications in South Africa. Telkom made its second bid in seven years for Business Connexion (BCX), while Vodacom and Neotel came to an agreement on a R7bn acquisition, which, if approved, will finally give the mobile operator a compelling offering in the enterprise
Cell C this week signalled it will not back down an inch as the price war between South Africa’s mobile operators intensifies. The mobile operator, South Africa’s third largest after Vodacom and MTN, upped the stakes with its bigger rivals by cutting its prepaid rate from 99c to 66c/minute (billed per second) on a promotional basis
Telkom will consider employment equity in its latest round of planned job cuts, which could affect more than 2 600 management-level employees, a report said on Wednesday. This means that partially state-owned and JSE-listed telecommunications operator “plans to target white, male employees when making job cuts”, according to
There appears to be no stopping the rise in Telkom’s share price. The counter added nearly 5% on Thursday, to close near the R40 mark. It’s now flirting with levels last seen in 2010, after it offloaded its 50% stake in Vodacom to Vodafone and to shareholders. The share closed at R39,70, up by 4,1%, after having touched