Telkom has walked away from talks to buy state-owned telecommunications infrastructure provider Broadband Infraco, TechCentral has learnt. According to a…
Browsing: Vodacom
Although black economic empowerment share deals are often complicated in their structure and are at times priced at hefty discounts and have limited liquidity, it appears that investors who have stuck it out in some schemes are
The cellular industry may soon become the victim of the next wave of disruptive technology, much as this industry virtually destroyed traditional fixed-line telephony in the late 1990s. This may happen sooner than many think
MTN Group named Vodafone Group’s Rob Shuter as CEO, turning to a seasoned executive to lead Africa’s biggest mobile-phone company following the settlement of a record fine in Nigeria. Shuter, a South African who leads Vodafone’s
Former Vodacom and Vodafone executive Rob Shuter has been named as the new president and CEO of telecommunications group MTN after an extensive search. Shuter, who is a previous chief financial officer at Vodacom
On the back of a solid financial performance in the year ended 31 March 2016, Vodacom Group CEO Shameel Joosub took home R21,8m in pay, R14m of which was made up of a short-term incentive bonus. That’s double the
The high court in Pretoria has referred the dispute between the previous funders of the “please call me” case and Nkosana Makate over settlement negotiations with Vodacom to arbitration. The ruling
When Telkom CEO Sipho Maseko took the helm three years ago, the South African company was struggling with record losses and a share price close to all-time lows. Now, the phone operator is
After a Herculean victory over telecommunications giant Vodacom for being the rightful inventor of “please call me”, Nkosana Makate has yet again been dragged back to court. A fresh legal battle
In November, I argued that Telkom’s broadband digital subscriber line service had peaked (that was at the half-year mark). Since then, growth has slowed even further and the telecommunications giant is on a knife-edge of