The recent devastating storms that affected the eastern side of South Africa have “wreaked havoc” on Telkom’s wholesale arm, Openserve, the company said on Thursday. The storms have led to a significant increase in network-related
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Telkom on Thursday withdrew a cautionary announcement it had issued in late August over speculation that government could sell its 39.3% stake in the company to bail out South African Airways. The telecommunications operator’s
Telkom’s BCX said on Tuesday that it is selling its wholly owned Netcampus subsidiary to management and its Telkom FutureMakers enterprise development programme. Netcampus managing executive
Telkom won’t award any new business to KPMG’s local unit pending the outcome of an investigation into the firm by the country’s accountancy body. Any contracts underway with the auditor and consulting firm
“Vodacom to reduce out-of-bundle prices by as much as 50%,” the breathless headline of the press release the mobile operator issued on Tuesday says. And it’s true, Vodacom will reduce out-of-bundle rates on 15 October. And some
Investors in Telkom gave its shares a dressing down on Tuesday in the wake of continued plans by the government to sell part of its shares in the fixed-line group to fund the bail out of cash-strapped South African
National treasury is pressuring the continent’s biggest money manager to provide as much as R100bn to fund struggling state companies, according to two people with knowledge of the situation. The Public Investment Corp, which
In a move that has stunned the market, fibre-to-the-home operator Vumatel will begin a pilot before the end of the year to offer uncapped 100Mbit/s fibre connectivity to residents of Alexandra in
Telkom’s IT services business, BCX (formerly Business Connexion), has invested R50m in a new data science training academy, which plans to create 300 year-long internships over the next three years. The
It’s ironic that the two keynote addresses (from both government and Telkom) on the first day of the operator’s Southern Africa Telecommunication Networks and Applications Conference