Telkom has warned that fraudsters are targeting its customers using a deposit refund scam. Criminals deposit a stolen or counterfeit cheque into customers’ accounts, and then on a false Telkom letterhead inform them that the company has erroneously deposited the cheque as reimbursement for overpayment on their telephone account
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Telkom intends slashing its costs by R1bn/year for the next five years in an effort to unlock shareholder value and turn around its financial performance, its CEO, Sipho Maseko, was quoted in a newspaper report on Wednesday as saying. This would include job cuts, Maseko was quoted as saying. He added that he would
Telkom’s group chief of regulatory and corporate affairs, Ouma Rasethaba, will take the reins as chief risk officer with immediate effect, the telecommunications operator said in a statement on Tuesday. The appointment of Rasethaba, who has been with Telkom since 2006, will complete an executive committee structure, will
It is no exaggeration to claim that the coming week will be make or break for affordable mobile communications in South Africa – quite possibly for the next 20 years. On 1 April 1994, Vodacom and MTN launched a service in South Africa, a launch brought forward to support the Independent Electoral Commission in managing the first
The ongoing spat between government and MultiChoice about the pay-television operator monopolising content rather reminds me of a domineering parent chastising his child for not sharing his toys without realising that the poor kid is being bullied to death at school. It is absurd that government should even consider
Netflix, Apple, Google and other online streaming video providers are the real threat to MultiChoice in South Africa’s subscription broadcasting industry, the pay-television operator’s CEO says. Imtiaz Patel, who heads up MultiChoice South Africa Group, tells TechCentral
Telkom’s share price leapt higher by nearly 4% on Tuesday after a positive trading update fired up investors’ appetite for the stock. At the close on Tuesday, the share was up by 3,9% at R32 after at one stage trading as high as R32,60. Telkom told shareholders that it expects its headline earnings per share
The controversial issue of “network neutrality” looks set to become the subject of intense debate in South Africa in coming months after communications regulator Icasa this week raised the idea of introducing regulations that could stop operators from discriminating against traffic carried across their networks
South Africa’s highly concentrated television broadcasting industry, which has one dominant subscription operator in MultiChoice, will be a key focus area of Icasa’s high-level inquiry into the state of competition in the information and communications technology sector
The Independent Communications Authority of South Africa (Icasa) has announced plans to launch what it’s calling a “high-level inquiry into the state of competition in the information and communications technology sector”. The authority, which regulates the telecommunications, broadcasting and postal services sectors