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.
Browsing: Telkom
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
Cell C does not deserve an asymmetrical interconnect rate 10 years after entering the market and the decision to offer the company asymmetry is “unfair”. That’s the view of MTN SA MD Karel Pienaar, who was reacting to the news that the
Questions have been raised about the SA telecommunications and IT regulator’s complicity in allowing Global Web Intact (GWI) and Screamer to lease spectrum, apparently illegally, from Sentech. This follows the leaking of internal Sentech