Telkom’s share price fell to new multi-year lows on Thursday of below R30/share after it warned the market of poor financial performance in the six-month period ended 30 September 2011 and after it said it would take a further R1bn profit hit related to its
Browsing: Telkom
Years after complaints were first lodged, Telkom is finally being called to answer to charges that it abused its monopoly in the telecommunications industry. It could face a huge fine. But the foreign shareholders responsible for the excesses are gone. When SBC
Telkom’s mobile arm, 8ta, has built six base stations using next-generation long-term evolution (LTE) wireless broadband technology, with 50 sites under construction and plans to expand the network to Cape Town and Durban in the next few months as part of a field
James Hodge of Genesis Analytics has painted a stark picture of wide-ranging anticompetitive abuses, including excessive pricing and price discrimination, allegedly committed by Telkom in the last decade. Hodge is presenting this week to the Competition Tribunal in
Former ECN Telecommunications CEO John Holdsworth will form a new company next year that he says will slash the cost of mobile telephony in SA by taking advantage of the cellular operators’ broadband wireless access networks. Holdsworth, who founded ECN five
Duncan McLeod and Craig Wilson bring you a bumper and controversial edition of the TalkCentral podcast this week, in which we touch on everything from union opposition to Telkom’s proposed deal with Korea’s KT Corp to smartphone apps in banking and why
The Communication Workers Union (CWU) says it is wary of news that KT Corp (formerly Korea Telecom), is in talks with Telkom about acquiring 20% of the company’s equity and is unimpressed that it wasn’t consulted about the discussions. “We are always sceptical
Don’t blame Telkom for using its monopoly to strangle the local Internet sector — the government allowed it to. This seems to be a recurring theme in Telkom’s defence of its rapacious pricing being heard by the Competition Tribunal. The telecommunications giant stands accused
Telkom’s group executive for communications and brand, Brenda Kali, has resigned, TechCentral has learnt. She had been with the group for the past three years. Kali, who joined Telkom when Reuben September was CEO, says she is leaving to “pursue new interests”
By refusing to sell telecommunications circuits to Dimension Data’s virtual private network (VPN) provider OmniLink, Telkom hindered a planned merger between OmniLink and its Didata stable mate Internet Solutions (IS), the Competition Tribunal