Government has extended the contract of Telkom chairman Jeff Molobela, but only until the end of December, TechCentral has learnt from a senior source at the JSE-listed telecommunications group.
Browsing: Telkom
There’s no end to the news flow in SA’s telecommunications industry. The big news this week is the new joint venture between Cell C, Convergence Partners and Dimension Data’s Internet Solutions, FibreCo, which will build a national transmission network at an eventual cost of R5bn.
The launch of mobile operator 8ta and a wage agreement with trade unions will hit Telkom’s earnings in the six months to 30 September 2010, the JSE-listed telecommunications group has warned.
In a development that could change the dynamics of SA’s telecommunications industry, mobile operator Cell C, Dimension Data division Internet Solutions and Andile Ngcaba’s Convergence Partners have teamed up to build a R5bn, 12 000km national fibre-optic network.
The reduction in mobile termination rates in March has lopped R730m off Vodacom’s top line in the six months to September 2010. Vodacom chief financial officer Rob Shuter says the reduction
Telkom’s new mobile business, 8ta, is stepping up the fight with rivals Vodacom, MTN and Cell C with the launch this week of five contract packages, all offering aggressive tariffs.
Retail group Spar has teamed up with Telkom and international network optimisation company Expand Networks in a R20m deal to boost the speed of the 900 telecommunications links that connect its franchise stores.
There is growing uncertainty among senior Telkom officials about the future of the group’s chairman, Jeff Molobela. Senior Telkom sources say Molobela’s contract as chairman expired at the end of last week and has not been renewed.
Sentech looks set to close loss-making divisions, including its once much-vaunted telecommunications carrier-of-carriers division and its direct-to-home satellite television business, to focus on its core business of signal distribution.
Internet service providers have slammed Mweb’s decision to cut off its transit links, saying the company ought to have engaged in discussions instead of taking the fight to the media. Last week, MWeb cut off its transit links with Telkom’s wholesale Internet access