A decade ago, fierce battles were fought to get a number of Africa’s state-owned telecommunications operators into private hands and to strip them of their monopoly privileges. This happened in all but two of what are now sub-Saharan Africa’s most successful economies. The real laggards are
Browsing: Telkom
MTN has taken issue with the final call termination regulations announced by telecommunications regulator Icasa on Wednesday, saying the proposed “asymmetry” that benefits smaller operators is “unsubstantiated”. Under the regulations, smaller operators
Telkom CEO Sipho Maseko has said that he hopes the company will be offering conmsumers a triple-play combination of uncapped Internet access, voice services and video on demand (VOD) for one flat-rate fee within the next 12 months. The JSE-listed telecommunications operator, which is
Telkom has reduced the price of its wholesale IP Connect product, the one Internet service providers use to access its broadband digital subscriber line (DSL) network, by 15%. IP Connect fees have a direct impact on DSL prices in South Africa, which ISPs usually quick to pass
Telkom on Wednesday denied speculation in the media that it has received a proposal from a Southeast Asian company or grouping for the sale of its mobile towers business in a deal that reportedly could be valued at as much as US$3bn. On Tuesday, a report on the
Telkom’s share price climbed marginally on the JSE on Tuesday after a report overnight suggested it may be in discussions with an investment group from Southeast Asia that may be prepared to invest up to US$3bn into the operator’s struggling mobile division. According to a
The disciplinary hearing involving suspended Telkom chief financial officer Jacques Schindehütte will begin in Johannesburg tomorrow, Thursday, the telecommunications operator has said in a statement. “This disciplinary hearing is the outcome of a process that
Suspended Telkom chief financial officer Jacques Schindehütte has a “fiduciary duty” to repay R6m he was loaned by the company so that he could buy shares. The telecommunications operator says in a statement that the loan was granted in a manner that
Telkom’s share price touched a fresh 52-week high on Monday as investors continued to pile back into the company on the expectation that it will begin to deliver on a promised turnaround in its fortunes in 2014. In intraday trading on Monday, Telkom was trading as high as
The Democratic Alliance will break up the SABC into various commercial entities and sell these to the highest bidder should it be elected to national government after the 2014 general election. The plan to privatise the SABC’s assets is contained in the DA’s policy on information and