Telkom CEO Sipho Maseko has reportedly said that at the right price, the company would consider an offer to buy mobile network operator Cell C. This is according to Reuters, which quotes Maseko as saying that Cell C is an “interesting proposition”
Browsing: Telkom
The double blow of a maturing voice market and a sluggish local economy has not made life easy for South Africa’s telecommunications companies. Vodacom’s revenue was up by only 2,1% to R77,3bn
Telkom has received the go-ahead from the Takeover Regulation Panel and the JSE for its R2,7bn all-cash acquisition of IT services group Business Connexion (BCX), meaning it has now received all of the necessary regulatory approvals. The news comes in the
The terms that the Competition Tribunal has imposed on Telkom and Business Connexion (BCX) over their impending merger are not an “undue burden” and the parties were happy to accept them
The Competition Tribunal has approved Telkom’s R2,7bn acquisition of IT services group Business Connexion, paving the way for the deal to be consummated, albeit with conditions attached. It’s a case of second time lucky for Telkom, whose previous attempt
Having been in the telecommunications industry for 15 years now, it never ceases to amaze me how businesses typically contract with the cellular providers based on the size of the discount on offer
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
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