Telkom’s share price has smashed through the R40/share barrier following a positive trading update released last week. It’s the first time Telkom has traded at these levels since late 2009 after the company disposed of its 50% stake in mobile operator Vodacom. The counter has been on a tear in the past year
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Samsung Electronics has the coolest computer brand and the coolest hi-tech gadget, while repeat winner Vodacom is South Africa’s coolest mobile operator. These are some of the findings of the 2014 Sunday Times Generation Next survey, which polled a sample group of 5 500 South African youngsters
Telkom shares were trading up by more than 5% in lunchtime trading on the JSE on Thursday after issuing a positive earnings update. For the year ended 31 March 2014, Telkom said it expects basic earnings per share from continuing operations to be between R29,72
Last week was one of the most interesting in the history of telecommunications in South Africa. Telkom made its second bid in seven years for Business Connexion (BCX), while Vodacom and Neotel came to an agreement on a R7bn acquisition, which, if approved, will finally give the mobile operator a compelling offering in the enterprise
Ten million wearable computing devices will be sold worldwide this year, generating US$3bn in sales from smart glasses, smart watches and wearable fitness trackers. That’s one of the predictions in Deloitte’s 2014 technology, media and telecommunications trend report. But the sale of wearables remains small fry next to smartphones
This week, remarkable news emerged from an upmarket Johannesburg suburb. The community of Parkhurst, through its residents’ association, announced it had issued a request for proposals from telecommunications service providers to connect all houses and businesses in
Communications regulator Icasa has moved to deflect criticism that consolidation in South Africa’s telecommunications industry is a result of its failure to award new radio frequency spectrum licences. In a statement on Friday, Icasa says there have been “insinuations in the media to the effect that some of these developments are as a
The quaint “village” of Parkhurst is one of my favourite weekend spots and I often visit its pubs and eateries with the missus. So, as the resident of a neighbouring suburb, news that Parkhurst is planning to roll out fibre broadband to all homes and businesses piqued my interest. What was of particular interest was
Telkom’s second attempt in seven years at acquiring Business Connexion (BCX), the listed IT services group, will probably get the nod from South Africa’s competition authorities, analysts believe. Telkom on Thursday announced it had made a R2,7bn all-cash offer to buy out the JSE-listed IT services company. In 2004, Telkom bid
Telkom’s proposed acquisition of Business Connexion – its second attempt to buy the listed IT services company – will create an information and communications technology (ICT) company that will “address the technology and communications needs of South African businesses nationally”. That’s according to the