Telkom CEO Sipho Maseko has offloaded R6.3-million worth of the shares he holds in the JSE-listed telecommunications group, a regulatory filing on Wednesday showed.
Browsing: Telkom
Telkom’s ICT services business BCX will spin off its data centre business into another Telkom subsidiary, Gyro, and the telecommunications group may then seek external investors.
Telkom’s mobile data revenue surged 54% in the first half of its 2021 financial year, supported by an 81% surge in mobile traffic. However, it’s fixed-line business contracted sharply.
Telkom CEO Sipho Maseko said on Tuesday that the company has briefed its lawyers to “consider and advise” on its available options given its deep unhappiness with Icasa’s invitation to apply for broadband spectrum.
Telkom is aiming to reduce the gap its shares are trading at to the net worth of its assets in the next three to five years, its CEO said on Tuesday, as the company drives to unlock value across its businesses.
The SABC has rubbished reports that it’s demanding that Netflix and other Internet streaming companies collect television licence fees on its behalf.
Telkom and the SABC have partnered to launch a new online streaming video service called TelkomONE, which will house the public broadcaster’s free-to-air radio and television channels.
JSE-listed telecommunications operator Telkom said on Tuesday that it expects headline earnings per share to rise by as much as a quarter in the six months to 30 September 2020, sending its shares leaping higher.
MTN South Africa delivered strong subscriber growth in the third quarter of 2020, propelled higher by an advance in prepaid users. This, coupled with surging demand for data, helped lift revenue and margins.
After years of toying with the idea of launching a mobile virtual network operator (MVNO) platform offering, MTN South Africa has finally pulled the trigger on it.