Telkom has paid out R1,1bn in voluntary early retirement and severance packages, according to the company’s quarterly report. On Friday, the company released an operational update for the quarter ended 30 June 2015. The operational update was released on
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Dimension Data has asked the Competition Tribunal to impose additional constraints on Telkom if the telecommunications operator is allowed to buy listed IT services company Business Connexion. But BCX
A sense of doom and gloom seems to be settling over South Africa’s information and communications technology industry. Some of the pessimism is inherited from the deep structural problems afflicting
Telkom’s share price has leapt by almost 8% to R61,48 after it provided a positive quarterly update for the three months ended 30 June 2015. The quarter is the first of Telkom’s financial year, which ends in March. It said that in the three months
Telkom on Thursday confirmed that almost 2 400 employees’ applications for voluntary severance and early retirement packages have been accepted by the telecommunications operator. Most of these employees will leave Telkom today, Friday. A total of 2 393 people
Nearly 2 400 employees’ applications for voluntary severance packages have been accepted by telecommunications operator Telkom, a trade union said on Thursday. According to Solidarity
Telkom CEO Sipho Maseko has said smaller fibre providers are placing “relentless pressure” on the company’s wholesale and networks unit. This is according to an excerpt from Maseko’s strategic review in Telkom’s annual report for 2015, which
A multimillion-rand payment made to Telkom’s previously suspended chief financial officer Jacques Schindehütte has trade union Solidarity up in arms. Top executives at Telkom have seen pay hikes at the company despite the telecommunication giant’s
In a positive development for Cell C, ratings agency Standard & Poor’s (S&P) has removed the mobile operator from its watch list for a possible downgrade. This comes, S&P said in a note, after Cell C
Telkom will open its telecommunications exchanges to Internet service providers using an open-access model in an effort to stimulate demand for fixed-line broadband in South Africa. “To further stimulate access to broadband, we will make making around