Tag: Telkom
Sim card insanity in South Africa
South Africa’s mobile network operators produce an estimated 180 million SIM cards each year, around three times the country’s population.
This figure—from a well-placed industry...
Telkom launches uncapped prepaid fibre at $5 week
To attract new customers in a tough economic economy, Telkom has launched a new prepaid fibre solution for $5 week but there is a...
Telkom to sell group’s tower and masts to private equity firm...
Telkom shareholders will soon vote on a plan to sell the group’s towers and masts to a consortium led by private equity firm Actis.
TechFocus24...
2G, 3G to be shutdown in South Africa – Tech Industry...
Telecommunications industry lobby group the Association for Comms & Technology (ACT) has warned government against rushing operators into switching off their legacy 2G and 3G...
New subsea cable planned to link Africa, Asia
Mauritius’s top telecommunications company is in talks with operators including Reliance Jio Infocomm and Orange for a new undersea cable linking Africa, Indian Ocean islands...
Telkom rejects former CEO’s team’s offer to purchase company
Telkom’s board has rejected a proposal from a consortium that includes its former group CEO, Sipho Maseko, saying it’s “not in the best interest of shareholders”.
The...
Telkom to cut up to 15% of its workforce
Telkom is again about to go through a painful retrenchments programme as it fights to contain costs in a tough macroeconomic environment.
The partially state-owned...
Telkom open to rekindling MTN talks
Telkom CEO Serame Taukobong on Wednesday said the partially state-owned telecommunications operator is open to further conversations with MTN Group about a transaction.
This comes a...
Telkom, Rain remain engaged over proposed acquisition
Wireless broadband operator Rain said on Wednesday that it remains engaged with Telkom about a proposed acquisition.
This comes after Telkom and MTN Group told investors...
MTN finally quits Telkom acquisition talks
MTN Group has walked away from talks to acquire Telkom, sending the partially state-owned telecommunications operator’s shares crashing nearly 25%.
“MTN terminated discussions in relation to...