Telkom has abandoned a plan to acquire Cell C. The telecommunications operator told shareholders on Thursday afternoon that it had walked away from a deal to acquire South Africa’s third mobile licensee
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Cell C has demonstrated download speeds across an LTE Advanced network at the AfricaCom trade show in Cape Town of as much as 138Mbit/s. The operator can’t, however, deploy the technology without
Telkom had 14 212 employees at the end of September 2015, down from 21 800 in March 2013. However, further reductions in head count, including through “residual outsourcing”, are
In financial results for the six months to end September released yesterday, fixed and mobile operator Telkom revealed that the…
Telkom will have an agreement in place with a preferred video-on-demand (VOD) provider by early in the new year, according to group CEO Sipho Maseko. “We are making good progress,” he said
Excluding the impact of retrenchments, Telkom has reported a 13,9% improvement in headline earnings per share, handily outstripping muted net revenue growth of 1,2% in the six months ended 30 September 2015. Earnings before interest, tax
Vodacom’s latest numbers must be deeply worrying for its principal rival, MTN. While the latter is facing immense turmoil – a R75bn fine in Nigeria, the departure of its long-serving group CEO and
In this week’s episode of TalkCentral, your podcast hosts Duncan McLeod and Regardt van der Berg chat about MTN’s troubles in Nigeria. Also on the show this week, we chat about Telkom’s due
Telkom’s possible acquisition of Cell C would result in a stronger competitor to Vodacom and MTN, according to Boyd Chislett, the MD of the soon-to-be-closed cellular service provider Altech Autopage. Telkom on Monday issued a market update
Vodacom has performed far more consistently on the stock market than its two principal listed rivals, MTN and Telkom, generating a positive return for shareholders over not only the past 30 and 90 days, but also over a one-year and five-year period. The worst performer