The government’s decision in August to retain two Telkom directors who small institutional investors wanted removed and vote off four independent investors has led to speculation that the purge of the board was driven by a long-term plan for the company
Telkom was losing R144/month or more on every fixed-line in service as recently as a couple of years ago and the fixed-line operator estimates that local-loop unbundling (LLU) could lob as much as R2,2bn/year off its revenue line if the regulatory intervention is introduced
There is growing mystery surrounding telecommunications regulator Icasa’s plan to begin cracking open Telkom’s copper access network into homes and businesses to the fixed-line operator’s competitors. TechCentral has learnt that there
After a stint at Telkom, former Samsung Electronics SA MD Deon Liebenberg has resigned from the telecommunications operator. He will join Vodacom on 1 February, a spokesman for the mobile operator has confirmed. Liebenberg, who joined
Telkom is in limbo. At the end of May, when government decided not to support the sale of 20% of the group’s equity to Korea’s KT Corp, communications minister Pule was given three months to come up with a strategic plan for the troubled telecommunications operator
Vodacom has grown its number of fourth-generation long-term evolution (4G/LTE) base stations to 200 in Johannesburg, from 70 when it launched commercial services last month, and has begun testing the technology in Cape Town. The
Communications minister Dina Pule said on Tuesday that government’s first responsibility as a shareholder in Telkom is to ensure a board of directors is constituted and the company as stabilised. However, she warned that her role is to champion government programmes
Democratic Alliance MP and shadow communications minister Marian Shinn has filed a motion “without notice” asking that parliament debate the privatisation of Telkom “in the interests of rapidly installing high-speed communications infrastructure to benefit service delivery
Stability at board and management levels at Telkom was needed to turn the parastatal around as soon as possible, the Public Investment Corporation (PIC) said on Monday. “The PIC has noted the resignation of Telkom CEO
The resignation on Monday of Nombulelo Moholi has been met with dismay by industry analysts, who have praised the outgoing Telkom group CEO while at the same time expressing alarm and cautioning that government must announce its intentions for the company sooner rather
