Cell C’s black economic empowerment shareholder, CellSAf, which currently holds 25% of South Africa’s third largest mobile operator, has warned it will head to court this week if a planned restructuring goes ahead, saying it’s
Browsing: Telkom
Telkom is considering acquiring Cell C’s debt as it seeks to gain access to subscribers of the nation’s third largest mobile phone company. Cell C creditors approached Telkom to help reorganise debt that includes
The board of Cell C has rejected overtures from rival Telkom to acquire the mobile operator and said it is “unable and not willing to pursue any discussion” with South Africa’s fixed-line incumbent. The move appears to pave the
Telkom’s chief commercial officer is stepping down. Brian Armstrong will “retire” at the end of March, group CEO Sipho Maseko said in an e-mail to employees on Thursday. Armstrong joined Telkom in 2010 from BT Global Services
Cell C’s future will be decided by this time next week. That’s when the mobile operator must complete a planned restructuring in terms of which Blue Label Telecoms will take a 45% stake in the debt-laded mobile operator. But there’s now
Telkom is considering a bid of as much as R13bn for Cell C, which has missed debt payments and is trying to complete a recapitalisation, according to three people familiar with matter. Investment banks are also approaching other potential
There is a prevailing view in government – or certainly in the department of telecommunications & postal services – that infrastructure competition in providing broadband is bad. Nothing could be further from the truth.
Communications regulator Icasa has deferred a planned auction of high-demand spectrum indefinitely. In a notice published in the Government Gazette, Icasa said it is deferring the timeframe for the award process “until further notice”. The move is
Telkom’s ICT services arm, Business Connexion, has been rebranded simply as BCX. The decision comes just months after Telkom said it would change the name of the company to Telkom Business
The 2017 state-of-the-nation address takes place today, 9 February. In the weeks that follow, the nine premiers will deliver their state-of-the-province addresses. The purpose of these addresses is to outline government policy