Telkom Group CEO Sipho Maseko has sold more than 112 000 shares in the telecommunications operator, bagging R10.8-million in the process.
While state-owned enterprises such as Eskom, SAA and the SABC continue to make headlines for all the wrong reasons, one (partially) state-owned company is doing quite well, thank you very much. By Duncan McLeod.
While its rivals Vodacom, MTN and Cell C struggle with flat growth in a tough economic environment, Telkom is killing it in the mobile business, showing astonishing growth in subscribers in the past year.
In this episode of the podcast, Duncan McLeod interviews Telkom Group CEO Sipho Maseko on the group’s 2019 financial results.
Telkom is seeking an equity partner to help build more mobile network towers as the former South African phone monopoly seeks new ways to increase revenue away from its core, fixed-line business.
Telkom’s property management company Gyro plans to open many more buildings and high sites to other mobile operators as the partially state-owned company looks to extract more profit from its property portfolio.
While Telkom is cleaning up in mobile, its fixed-line business continues to feel pressure as competition bites and as the company continues to switch off wireline infrastructure. But the numbers are far from shocking.
In the podcast this week, Duncan McLeod and Regardt van der Berg unpack the developments around Huawei and what they might mean for the future of the company and smartphones as we know them.
Vodacom and Telkom will complete the work they need to do for their roaming agreement by the June deadline, Vodacom Group CEO Shameel Joosub said this week.
South Africans are not satisfied with their mobile network providers, particularly the biggest provider, Vodacom.