Telkom has gone to court to have President Cyril Ramaphosa’s decision to order a probe into alleged malfeasance at the company declared unconstitutional and invalid.
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Telkom paid its former group CEO, Sipho Maseko, R20-million in retention bonuses in the past two years plus a R32-million restraint to prevent him being poached by competitors.
The idea of a pan-African telecoms champion that has a large shareholding by the South African government looks likely to grease the political wheels of MTN’s audacious bid to buy Telkom.
MTN Group has entered into discussions to acquire Telkom. The talks are at an early stage, the parties said, and might not result in a deal.
Keabetswe Modimoeng said MTN Group’s proposed acquisition of rival Telkom should be considered seriously by regulators.
Mteto Nyati, a former CEO of MTN South Africa and until recently group CEO of Altron, has joined the board of Telkom.
Exclusive | The SABC has accused SuperSport, SA Rugby and the Premier Soccer League of anticompetitive and exclusionary behaviour.
Telkom has launched two new mobile plans, Infinite and FlexOn, that it hopes will energise interest among consumers.
The advertising industry is in crisis. Many people hate ads and some research is telling us that ads have lost their effectiveness. By Mpume Ngobese.
Telkom Group CEO Serame Taukobong said he has zero interest in buying smaller rival Cell C, making it clear that no deal will happen on his watch.