The strong rally in Telkom’s share price has continued, with the counter touching a fresh five-year high of R70 in early trading on the JSE on Tuesday. Since its low point 18 months ago, Telkom’s share price has climbed by just shy of 500%. A R10 000 investment in Telkom on 6 May May 2013, when its
In an attempt to get holidaymakers to fill up at its petrol stations rather than those of its rivals, fuel retailer Engen is introducing Wi-Fi hotspots – with limited free access – at 32 sites set to go live countrywide by mid-December. The petrol stations chosen are along the country’s main highways. Fourteen
Telkom is expanding its lead over competing mobile operators, providing the most consumer value for contract plans in South Africa, a new and independent research study has found. The study, conducted by telecommunications research firm Tarifica using a proprietary algorithm that weighs up every feature
It’s Friday, which means it’s time for another episode of TalkCentral, TechCentral’s weekly podcast. This week, your hosts Duncan McLeod and Regardt van der Berg discuss Telkom’s interim financial results, looking specifically at the sharp decline
JSE-listed technology services group Business Connexion (BCX), currently the subject of a takeover by Telkom, has reported normalised headline earnings per share of 39,8c for the year ended 31 August 2014, down from 45,1c in the 2013 financial year. Normalised gross margins fell only slightly, from
Telkom has denied that it is underinvesting in its network after the company revealed on Monday that its capital expenditure in the six months to 30 September 2014 fell sharply, with capex-to-revenue coming in well below guidance provided previously. This fall in capex prompted analysts on Monday
Telkom and DStv parent MultiChoice have reached an agreement in terms of which subscribers to the telecommunications operator’s Telkom Internet ISP will get a “free”, Internet-connected high-end Explora personal video recorder (PVR) decoder. Under the promotion, which will run for six months from 23 November
The number of Telkom fixed lines in service has fallen by almost 5% in the past 12 months, dropping to just 3,5m, from 3,7m a year ago, the telecommunications operator said on Monday. At the same time, however, Telkom has recorded a 7,4% increase in the number of broadband digital subscriber
In the past 20 years, Telkom has lost almost every aspect of the absolute monopoly it once held over South African telecommunications. First, it lost its supremacy over voice communication as cellular rivals challenged it for dominance and won. Today, the cellular operators carry the vast majority of
Telkom has abandoned plans, at least in the short term, to deploy fibre to the home in Parkview and Parkhurst after the residents’ associations of the two suburbs chose rival telecommunications providers Vumatel and Dark Fibre Africa to build home fibre
