Telkom has failed to reach an agreement with trade unions Solidarity and the South African Communications Union (Sacu) in a long-running wage dispute. Discussions reached deadlock on Friday, making it increasingly likely that Telkom will face industrial action. The wage dispute, which
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Telkom’s newly appointed group CEO, Sipho Maseko, has bought shares worth almost R1m in the JSE-listed telecommunications operator. Maseko bought 52 000 shares on Thursday, 11 July, worth R990 080. The purchase came on the same day that Telkom Mobile slashed prepaid voice tariffs to
Telkom Mobile has slashed prepaid call tariffs to 29c/minute on per-second billing for on-network calls and to 75c/minute to all other networks. The new prepaid tariff plan, called Sim-Sonke, is “expected to blow the competition out of the water by offering the lowest standard mobile call rates in the country”, Telkom says in a statement
Democratic Alliance MP Marian Shinn says fired communications minister Dina Pule won’t be missed by the technology sector, but the communist sympathies of her successor, Yunus Carrim, could prove problematic in a sector that thrives on openness and liberalisation. It could
Telkom may be planning to spin off its copper-based network assets into a special purpose vehicle (SPV), a speculative news report suggests, but it’s unclear why the company would agree to such a move. In an entry posted late on Thursday night, a consumer forum site said it had spoken to unnamed sources – the website didn’t
Telkom appears set to face industrial action after talks between the telecommunications operator and trade unions Solidarity and the South African Communications Union reached an impasse on Thursday at the Commission for Conciliation, Mediation and Arbitration. The wage dispute began
Mobile operator Vodacom wants 25% of its service revenues in South Africa to come from converged services, including from providing fibre-based broadband access and cloud-based applications, to companies of all sizes, within the next five years. That’s the word from Vodacom Business chief officer
Telkom’s share price has rallied by more than 40% in less than two months, despite a run of bad news from the company. Analysts are buoyed by the change of leadership and some of the decisions taken subsequently, but suggest that without further clarity on Telkom’s long-term strategy, the stock gains may be
Israeli satellite and fibre telecommunications provider Gilat is stepping up its focus on fibre-optic infrastructure in Africa and plans to establish a Johannesburg office early next year. The company continues to increase the scope and scale of its operations on the continent through
Telkom is increasing fixed-line telephony charges and hiking the cost of line rental, despite the continued fall in the number of lines in service as consumers switch to mobile alternatives. The telecommunications operator is, however, leaving broadband subscription fees unchanged. Telkom claims the