IT and telecommunications shares took a pounding on Monday as a global stock market rout hammered the JSE. Big companies such as MTN and EOH were trading sharply lower as investors fled shares for safer assets
Browsing: Telkom
Did the Competition Commission do the right thing in seeking to block – in the process scuppering – the network sharing deal between Telkom and MTN? On the surface, it appears it was the right move for consumers, but dig a little deeper and one has to question whether the
Game ranging and IT are disciplines that couldn’t be more removed from one another. Yet it’s a former game ranger and former prospective farmer that Dimension Data has hired as the new CEO of its key Africa and Middle East operation. And the new man in the hot
Telkom has filed an objection at communications regulator Icasa to Multisource’s planned acquisition of iBurst and Broadlink parent Wireless Business Solutions, TechCentral has learnt. Telkom submitted
Blue Label Telecoms and retail group Edcon will develop a network of retail technology stores across South Africa. Called Edgars Connect, the companies hope to have 100 outlets opened before
The deal between Telkom and MTN would have been good for competition in South Africa’s mobile market. That’s the view of MTN South Africa, which on Tuesday reacted to the news that Telkom had decided to walk away
Employees in the mining, telecommunications and metal industries have been affected the most in 2015 as 58 companies cut at least 45 000 jobs, according to trade union Solidarity’s report on the retrenchment
Telkom’s share price sank by 6,4% on Monday after the company announced it would no longer pursue a deal with rival MTN. This came after the Competition Commission said it would not support the transaction. As investors fretted about the impact
The Competition Commission has recommended to the Competition Tribunal that the proposed radio access network sharing and bilateral roaming deal proposed by Telkom and MTN be prohibited. The decision is a huge blow for Telkom and MTN. In terms of the
The television entertainment industry in South Africa is in for significant disruption in the next 18 months. And couch potatoes look set to be the biggest beneficiaries as competition intensifies between traditional broadcasters and new Internet streaming providers