Telkom’s board has rejected an acquisition proposal from a consortium that includes its former group CEO, Sipho Maseko.
Browsing: Telkom
Shoprite Holdings has appointed former Telkom CEO Sipho Maseko as an independent non-executive director.
Simo Mkhize has been appointed chief commercial officer of Telkom’s consumer and small business division.
Telkom group CEO Serame Taukobong tells the TechCentral Show why the company doesn’t need a “knight in shining armour”.
In the past six months alone, at least 1 800 batteries – costing on average about R250 000 each – have been stolen.
Telkom CEO Serame Taukobong said his company does not need saving, even as suitors begin lining up.
Telkom is just weeks away from announcing the sale of its masts and towers business.
MTN Group on Tuesday hinted strongly that it remains interested in buying Telkom.
Telkom has decided to hit pause on dividend pay-outs for longer than expected as it battles tough market conditions.
Telkom jumped as much as 12% after confirming it received a bid for a controlling stake from a consortium that includes its former CEO.