Telkom will soon have a new name. CEO Sipho Maseko is leading a major restructuring at the partly state-owned company that will result in “Telkom” becoming the consumer-facing retail telecommunications brand sitting under a new, “Remgro-style” corporate centre.
The telecommunications landscape is changing. The mobile revolution is maturing and entering a new phase of slower growth. The rapid spread of fibre-optic networks is increasing the ability of existing operators to deliver
Telkom’s share price fell sharply on Thursday as investors assessed the implications of faster than expected capital expenditure and a concomitant rise in debt to sustain it. The share price fell 4,2%% to close at R67,64/share
Telkom reported stellar results on Monday, proving that privatisation is the only real option to solve the dire financial positions and the criminal lack of corporate governance at virtually all of South Africa’s state-owned enterprises. The reported results
Telkom has revealed a plan to speed up its copper-based broadband digital subscriber line network to up to 100Mbit/s. The telecommunications group’s CEO, Sipho Maseko, said at its annual
The strong full-year financial results published by Telkom on Monday “underscore the correctness” of government’s decision not to further privatise the JSE-listed company, telecommunications & postal services minister
Telkom said on Monday that full-year earnings and the dividend both rose as South Africa’s biggest landline provider enters a new phase of growth by giving more autonomy to its four business units. Earnings per share excluding one-time items increased by
Telkom said on Monday that the number of fixed lines in service has fallen by 8,2% over the past year, to less than 3m, its lowest level in at least two decades, though this was offset by a 9,8% improvement in revenue per fixed access line and a strong performance in mobile
Telkom’s data-led FreeMe tariff plans, launched in the middle of 2016, appear to have taken the market by storm, with the company reporting service revenue growth of 38,4% from its mobile business driven by an increase in the active subscriber base, which
Cell C has unveiled new tariff plans called Connector aimed at heavy voice and data users. The plans offer up to 3 000 minutes of airtime to call any local network, a thousand SMSes and up to 50GB of data.