Browsing: Telkom

At Telkom, it’s a race to save the frog

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For years, Telkom has been like a frog in slowly warming water. It’s kept broadband prices far too high while watching on puzzled as its subscribers abandoned it in favour of mobile alternatives. It has a high cost structure – mainly because it has too many employees – but consumers don’t care about its challenges. And

Telkom tests fibre to the home

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Telkom has begun testing fibre-to-the-home and fibre-to-the-business services as part of what it’s calling a “technical proof of concept”. The tests are part of the company’s multibillion-rand project to refresh of its access network into homes and businesses as it moves to offer much faster fixed-line broadband to its customers

Telkom’s promises fall on deaf ears

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Despite Telkom’s tough talk about learning from its mistakes, taking hard decisions and rising like a phoenix from the ashes, investors are simply indifferent to the promises made by Africa’s largest integrated communications company. The news of a R12bn write-down in assets in Telkom’s results

Theft disrupts Telkom services

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Thousands of business and residential customers in Randburg, Johannesburg area have been left without fixed-line telephone and broadband services following cable theft in the area. It’s the second time in two weeks that cable theft has disrupted services in this high-density business region

Telkom goes after former boss

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Telkom has accused the former MD of its international business unit, Thami Msimango, and well-known businessman Mthunzi Mdwaba of violating South Africa’s anticorruption laws over an agreement involving former subsidiary Multi-Links and JSE-listed Blue Label Telecoms. The allegations

What separation means at Telkom

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The “functional separation” of Telkom’s wholesale and retail divisions, agreed to in a wide-ranging antitrust settlement announced last week, could be a precursor to the structural separation of the two divisions, analysts say. Last week, as part of a R200m settlement reached

Telkom may sell assets – report

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Potential job cuts and the disposal of money-losing assets is looming at Telkom, Business Report said on Tuesday. The restructuring came at a time when the telecommunications company ramped up its bid to cut costs and position itself to compete in a cut-throat market. According

Telkom in sweeping antitrust settlement

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Telkom has agreed to pay a R200m penalty, to functionally separate its retail and wholesale divisions, to adhere to pricing commitments for the next five years, and to allow its future conduct to be monitored. This all forms part of a settlement with the Competition Commission over anticompetitive abuses

Telkom slaps R5bn suit on Blue Label

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The fallout from Telkom’s disastrous Nigeria investment continues. The JSE-listed telecommunications group revealed on Friday in its annual results that it has issued a summons on the listed Blue Label Telecoms, subsidiaries of the company, as well as on a former executive of Telkom claiming an amount