Telkom lowered its revenue and profit guidance for the medium term due to a slowdown in growth in its mobile business and a decline in its legacy unit.
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The number of fixed lines in service has plunged below a million for the first time as Telkom continues to decommission its legacy copper network.
Communications minister Khumbudzo Ntshavheni has announced government intends prohibiting the importation and distribution of 2G devices by March 2023.
After recent price increases on some tariff plans by MTN and Vodacom, Telkom has followed suit with price bumps on its own.
Promoted | NB-IoT is becoming an integral part of internet-of-things initiatives and is used in applications such as smart streetlights, parking sensors and water metering.
Damage to a fibre cable knocked out big chunks of Telkom’s network on Tuesday, with the company appealing to affected customers for patience.
If a sale is being seriously considered, it’s worth asking: who would want to buy EOH, and who could afford it?
Telkom has appointed Sung Hyuck Yoon, a former CEO and president of Samsung Africa, to its board as a non-executive director.
The price war between fibre network operators is intensifying, with MetroFibre Networx the latest to offer significantly improved value to home broadband users.
New research shows South Africans actively dislike telecoms operators, with the industry ranked last in net customer sentiment, below banking, insurance and retail.