Telkom’s past indiscretions are coming back to haunt it. The JSE-listed telecommunications operator has warned shareholders that it expects headline earnings per share from continuing operations for the six month to 30 September 2012 to be at least 65% lower than the same period in 2011. At the
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It’s all come down to this. Fifteen years after Telkom was partially privatised and nine years after it was listed on the JSE, communications minister Dina Pule was scheduled to present three options for the future of the company to President Jacob Zuma and members of his cabinet on Wednesday
Telkom’s share price was trading up by more than 5% in mid-afternoon trade on the JSE on Monday ahead of a cabinet meeting scheduled for Wednesday at which communications minister Dina Pule is expected to set out three strategic options for the fixed-line telecommunications operator. The share
Their father’s death, at the age of just 33, played a big role in shaping the lives of brothers Mark and Brett Levy, the founders and co-CEOs of JSE-listed Blue Label Telecoms. It also gave them some of the drive they needed to thrive in business, says Mark Levy. “I was eight and Brett had just turned five
Not only is Telkom appealing against the Competition Tribunal’s ruling that found the fixed-line operator guilty of anticompetitive behaviour, but now the Competition Commission has filed “cross appeal” against sections of the tribunal’s findings and wants Telkom to face a higher penalty than the R449m the tribunal imposed on
Communications minister Dina Pule is set to present three separate options next week to cabinet on the future of Telkom. Pule’s spokesman, Siya Qoza, tells TechCentral that he is not in a position to communicate what the three options are ahead of the cabinet meeting, set for next Wednesday. The cabinet
Lazarus Zim has resigned as Telkom’s chairman, the JSE-listed telecommunications group told shareholders on Tuesday. Zim informed Telkom’s board of directors of plans to retire as chairman and director at the end of the company’s annual general meeting scheduled for October. His resignation may be seen
It’s not all bad news for Telkom. That’s if new forecasts published by PricewaterhouseCoopers (PwC) are correct. PwC expects wired broadband to expand faster than mobile broadband over the next five years, growing at a compound annual rate of 32,8%. “The wired broadband access market is
Communications minister Dina Pule and her boyfriend are accused of using sponsors’ funds to buy her luxury gifts, according to a Sunday newspaper report.. Pule and Phosane Mngqibisa have also been on no fewer than 19 overseas trips together, the Sunday Times alleged
The Internet Service Providers’ Association (Ispa) has called on Telkom to allow service providers other than TelkomInternet to participate in its trial to test digital subscriber line (DSL) services of 20Mbit/s and 40Mbit/s. The trial started on 3 September and is scheduled to run until 31 January. Telkom is a wholesale