High drama unfolded at Telkom’s annual general meeting on Wednesday as communications minister Dina Pule moved to exercise her power over the company by voting against the election or reelection of nonexecutive directors and against two new share incentive schemes for management. One analyst
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Outgoing Telkom chairman Lazarus Zim on Wednesday indirectly hit out at government over its decision to block the sale of 20% of the fixed-line telecommunications operator’s equity to Korea’s KT Corp, calling the move “tragic” and a “big loss”. Speaking at Telkom’s annual general meeting in front of
Telkom agreed to sponsor a series of 12 breakfast events hosted by The New Age newspaper this year for a whopping R1m/breakfast, correspondence in TechCentral’s possession shows. The sponsorship, for the 2012/13 financial year, marks the second year the fixed-line operator has paid
Telkom’s mobile operator, 8ta, has started offering free Wi-Fi-based Internet access on a fleet of taxis in Gauteng, Cape Town and Durban. The Wi-Fi hotspots, which provide connectivity to 8ta’s third-generation mobile broadband network
Speculation in recent weeks that Cell C and Telkom are in talks has got tongues wagging. Though suggestions that the country’s third mobile operator could merge with Telkom’s 8ta seem implausible, some sort of partnership, even a wide-ranging one, may make sense
If newspaper reports this week are to believed, Telkom’s mobile arm, branded in the consumer market as 8ta, may be soon be merged with third mobile operator Cell C. But analysts caution it’s too early to get carried away. With cabinet yet to consider communications minister Dina Pule’s
Despite the gloomy economic conditions in SA and worldwide, most JSE-listed technology companies have had a whirlwind 12 months, with some share prices up by more than 50%. An investment in a selection of the country’s top technology stocks would have returned a windfall over the past
Conduct Telecommunications, a fibre-optic infrastructure developer, plans to spend R500m in the next 12-24 months expanding high-speed communications networks to 100 precincts around the country. The company, which is backed by international private equity firm The Birchman Group
Telkom and its mobile arm 8ta may be sitting in the pound seats when it comes to next-generation wireless broadband thanks to its access to a big chunk of valuable radio frequency spectrum — and the telecommunications operator has signalled it plans to take full advantage of it. Whereas all
Vodacom has surprised the market by launching commercial fourth-generation (4G) services based on long-term evolution (LTE) technology. The service is available immediately in selected parts of Johannesburg, with other cities to follow in the “near future”, the operator says in a statement. The company’s