Browsing: Telkom

Telkom rival Neotel reported a net loss of nearly R1,6bn in the 2010 financial year, according to information accompanying Tata Communications’ annual results. It’s the first time that India’s Tata Communications has revealed the extent of the losses being incurred by its SA subsidia

Politics. That may be the real reason Telkom CEO Reuben September’s contract is not being renewed when it expires in November. According to well-placed sources, he’s had a troubled relationship with the ANC under President Jacob Zuma after he oversaw the disposal of Telkom’s 50% stake in Vodacom. To understand the background, one has to go back to May

Telkom has submitted a proposal to resolve salary disparities among employees in two of its divisions, trade union Solidarity said on Tuesday. “Employees’ discontentment over the salary disparities has reached boiling point, but Telkom’s new proposal is a clear indication that the company recognises the seriousness of the situation and

Government often argues that it must retain its stake in Telkom because the telecommunications company is a “strategic national asset”. But with competition intensifying by the day, the best thing that could happen to Telkom — and its customers — would be for government to sell up