Business Connexion, the IT services group currently the subject of a R2,7bn takeover by Telkom, has turned in a robust performance in the six months ended 28 February 2015, with diluted headline earning per share rising by 23,6% on the back of a 16%
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Less than three weeks after Vodacom hiked its subscription fees for a range of contract packages and a week after Telkom revealed plans to hike line rental fees, MTN is following suit, announcing it intends revising subscription rates for its contract and data plans
Judgment is expected next Thursday in a dispute between Telkom and Daimler Fleet Management over a contract for the management of Telkom’s full fleet of 6 000 vehicles used by the telecommunications
The Black IT Forum, which represents thousands of small and medium enterprises, black professionals and students, has come out strongly in favour of Vodacom’s proposed R7bn acquisition of Neotel and says the former must get access to the latter’s spectrum assets
Telkom has announced plans to hike consumer line rental charges by a whopping 13,9%. The monthly fee will rise from R166 to R189 on 1 May, the company said on Friday. The increase
Regulators are taking extraordinarily long to weigh up a number of big deals, including Vodacom’s proposed acquisition of Neotel, while the industry waits on tenterhooks for news that could change the sector. A number of significant deals that could
When Vodacom announced 10 days ago that it will hike the subscription fees of a range of contract tariff plans from 1 May, it caught consumers by surprise. Many took to social media networks and the comments sections of news websites to voice their displeasure
Telkom says its discussions with the Communication Workers Union over voluntary severance and early retirement packages — known as VSPs and VERPs — have deadlocked, allowing the company to go ahead with the offers to affected employees. However
Telkom has once again renewed its cautionary notice to shareholders, informing them that it remains locked in negotiations with rival MTN about a deal. “Shareholders are advised that Telkom and MTN South Africa remain in discussions regarding the
Far from having any plans to change Vodacom’s name to match parent Vodafone, Vodafone CEO Vittorio Colao revealed in Johannesburg on Wednesday that the global telecommunications group could