Telkom has confirmed one of the telecommunications industry’s worst-kept secrets: that it is in talks to buy Cell C. “Telkom is currently performing a due diligence on Cell C,” the company said in a statement to shareholders issued before markets opened on Monday morning
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Telkom shareholders have taken a dim view of the telecommunications operator’s earnings update for the six months ended 30 September 2015, pushing its share price sharply lower on the JSE on Tuesday. The company earlier warned shareholders that it
Telkom has warned shareholders that it expects its headline earnings per share for the six months ended 30 September 2015 to be as much as 85% lower than the same period a year ago, though when normalised, the figure could be as much as 15% higher. The discrepancy
Communications regulator Icasa has approved the transfer of control of the service and spectrum licences from iBurst and Broadlink parent Wireless Business Solutions to Multisource, a company backed by former top bankers Michael Jordaan and Paul Harris
Cell C shareholder Oger Telecom has rejected a R14bn offer from Telkom to acquire its 75% controlling stake in South Africa’s third mobile telecommunications provider, Bloomberg reported on Thursday. Quoting a “person familiar
Telkom’s open-access wholesale infrastructure company, Openserve, has announced plans to deploy fibre-optic broadband infrastructure to 10 000 homes in Pretoria East. Surburbs such as Faerie Glen and Garsfontein will have access to fibre
Hello Group is a company most well-to-do South Africans have probably not come across. But in the mass market, and particularly in the migrant worker community, the telecommunications and
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Vumatel, the telecommunications start-up challenging Telkom’s dominance of fixed-line broadband in some of Johannesburg’s upmarket suburbs, has announced it is expanding its network to five new areas
Telkom and Old Mutual have reached a deal in terms of which the telecommunications operator will provide funeral cover to its customers. The first product will offer Telkom’s prepaid customers with “loyalty funeral cover”, underwritten by Old Mutual, valued at