Korea’s KT Corp has made a formal offer to purchase 20% of Telkom. However, it’s offering a significantly reduced price for the stake because of a sharp fall in the value of the shares of the JSE-listed telecommunications group since talks began in October last year. KT Corp is offering R25,60/share, down by nearly
Browsing: Telkom
Alan Knott-Craig has played his first card since being appointed as CEO of Cell C on 1 April. The operator has released a new least-cost routing (LCR) product, called LCRAnyNet, that Knott-Craig says will “reduce the cost of telecommunications for business and will bring down the barrier for small
Mobile operator 8ta is in the market for a new marketing and sales executive. Stephen Blewett, who had filled this role until last week, has resigned. Blewett joined 8ta, which is the mobile arm of Telkom and SA’s fourth cellphone network operator, in 2009 as a contractor for an initial one-year term. The contract
The Australian government is investing A$40bn (R325bn) in taking high-speed fibre-optic broadband infrastructure into more than 90% of that country’s homes. The project has the potential to transform Australia’s economy. Should SA try to emulate it? The land of kangaroos, gum trees, sheep and Shane Warne
Former Cell C CEO, US national Jeffrey Hedberg, intends to stay in SA and to remain actively involved in the information and communications technology industry. Speaking to TechCentral on Wednesday, Hedberg says he has not made any decisions about his future career plans, adding that he’s taking time to
Telkom is inching closer to a deal with Korea’s KT Corp, the JSE-listed fixed-line operator told shareholders on Wednesday. The operator once again renewed a cautionary notice to shareholders about the talks, which it first revealed in October 2011. According to a new statement from Telkom, the two companies have
The Independent Communications Authority of SA (Icasa) is seeking court protection in the wake of news that an unnamed telecommunications operator wants to pay the revised radio frequency spectrum fees that were meant to come into effect on 1 April 2011 but which were instead deferred until this year. Until April 2012, Icasa was
In this episode of TalkCentral, your hosts Duncan McLeod and Craig Wilson chat about last week’s big department of communications’ policy colloquium. We discuss whether anything will flow out of the event and the likely impact that communications minister Dina Pule and her director-general Rosey Sekese will have on the technology
The reaction of various interest groups to a year-long study by Research ICT Africa into prepaid mobile prices across the continent and SA’s relatively poor showing in it are perhaps not surprising. They nevertheless prompt clarification and hopefully further debate before the issue of the high price of communications in SA is again swept
Just days after MWeb announced it was cutting the price of its uncapped digital subscriber line products to R199/month for both 384kbit/s and 1Mbit/s clients, Afrihost has effectively cut its capped broadband pricing and promised uncapped product pricing will soon be cut, too. Afrihost says some capped users will receive double their bandwidth