Trade union federation Cosatu has come out against the further privatisation of Telkom through a possible shares acquisition by a Korean company. The deal would not benefit ordinary citizens, Cosatu said. “Telkom stands out as an example of what can go wrong in
Despite Telkom’s claim that certain alleged violations of which it stands accused are no longer happening, there “is still the propensity for them to reoccur” and “an interdict remains both competent and desirable”, the Competition Commission
Telkom investors are confused. When the telecommunications company issued its trading update at the end of last month, the surprise aspect was not the further R900m loss it incurred to get mobile operator 8ta on to its feet, nor the
Beginning next Monday, the Competition Tribunal will hear wide-ranging case against Telkom for alleged anticompetitive behavior that could see it fined as much as R3,5bn if found guilty. The case stems from an investigation conducted by the Competition Commission in 2004
If Korea’s KT Corp (formerly Korea Telecom) were to take a 20% stake in Telkom, it would on balance be a positive development for the JSE-listed telecommunications operator, analysts polled by TechCentral said on Friday. Telkom told shareholders on Friday morning before the
Telkom said on Friday it was in talks about selling 20% of its equity to Korea’s telecommunications giant KT Corp (formerly Korea Telecom). But what is KT Corp? KT is Korea’s largest provider of fixed and mobile telephone services, and high-speed broadband fibre-to-the-home services
Telkom is in talks to sell 20% of its equity to Korea Telecom, the JSE-listed telecommunications group told shareholders on Friday. “Shareholders of Telkom are advised that Telkom and [Korea Telecom] have entered into discussions regarding a potential
The growing portion of total consumer spending that Telkom extracts from fixed-line subscribers for broadband access is “not sustainable”, is “not right” and needs to change, says Internet Solutions (IS) MD Derek Wilcocks. Speaking to TechCentral
Telkom was combative in its presentation at the Independent Communications Authority of SA’s (Icasa’s) public hearings on local-loop unbundling on Wednesday. The company argued that unbundling wouldn’t necessarily help SA achieve its “developmental
Discussions between Telkom and the Independent Communications Authority SA (Icasa) ground to a temporary halt in Sandton on Wednesday after the telecommunications operator adopted an aggressive stance regarding local loop unbundling and
