Telkom jumps on CEO's cost-cut plans

2014-04-09 16:25

Shares of Telkom has gained close to 3% after its chief executive told a newspaper he aims to cut R1bn in annual costs as part of a drive to turn around the operator.

Cheaper call rates battle hots up

2014-03-03 12:17

Telkom has entered a fierce commercial battle where everybody is seemingly gunning industry giants MTN and Vodacom over termination fees.

Telkom: Suspended CFO has repaid loan

2014-02-25 08:50

Telkom's suspended chief financial officer Jacques Schindehutte has repaid a R6m loan a government watchdog said violated company law, the company says.

MTN fights back over cheaper call rates

2014-02-11 16:30

MTN has demanded that Icasa do away with the recently published regulations, which include a 50% cut in call termination rates, parliament has heard.

Telkom aims for 90mbps SA broadband

2014-01-24 10:32

Telkom has hinted that urban areas may soon experience a first world high speed internet service as the telco studies the results from a pilot programme.

Telkom split may open SA broadband

2014-01-20 12:10

Telkom has split its retail and wholesale divisions in compliance with a Competition Tribunal ruling, a report says.

Suspended Telkom CFO to take the hot seat

2014-01-15 18:16

Suspended Telkom chief financial officer Jacques Schindehütte is set to defend himself in a disciplinary hearing over personal misconduct, says the parastatal.

Telkom cites abuse in R6m loan

2014-01-14 19:00

Telkom is claiming back the R6m loan from suspended chief financial officer Jacques Schindehütte because it was not properly processed.

Telkom sells internet business in Mauritius

2013-12-22 16:40

Telkom has sold its Mauritius internet business as part of a turnaround plan that includes talks about the future of the group's mobile unit.

MWEB to increase broadband speed

2013-11-28 13:03

MWEB will be increasing data speeds in response to Telkom upgrading its line speeds, the company has said.

Telkom in talks over future of mobile unit

2013-11-19 08:52

Fixed-line operator Telkom SA Soc is in talks with some parties over the future of its struggling mobile business, according to its CEO.

Challenging times, says Telkom CEO

2013-11-18 16:52

Telkom’s interim results for the year ended September reflect the challenging industry environment that the group is operating in, says CEO Sipho Maseko.

Telkom CFO suspended over misconduct

2013-10-25 13:22

Telkom says the suspension of its chief financial officer was related to allegations of personal misconduct and not insider trading.

Telkom suspends chief financial officer

2013-10-24 12:23

Telkom's chief financial officer Jacques Schindehütte has been suspended pending a disciplinary process.

SABC, Telkom to go for sports rights

2013-10-10 14:22

The SABC and Telkom have signed a multimillion rand partnership deal under which the telecommunications parastatal will upgrade the public broadcaster with fibre networks and try to acquire sports rights together.

Telkom sees 20% jump in earnings

2013-10-08 12:28

Telkom says its headline earnings per share is expected to be at least 20% higher than the earnings from the same period last year.

Vodacom, MTN fall on call rate cuts

2013-10-07 17:14

Shares of Vodacom and MTN have dropped sharply after the telecoms regulator said it planned to cut by 75% the fees they can charge rivals to use their network.

Arms cache found in Limpopo

2013-09-29 16:22

Firearms and ammunition have been found in a veld outside Naboomspruit, Limpopo police say.

Union calls for new Telkom wage talks

2013-09-05 12:40

Certain employees will, in real terms, get a wage decrease over the next three years, a union says.

Call for Telkom unbundling

2013-08-01 13:39

Telkom should be unbundled as a way of speeding up competition for broadband services in South Africa, an industry player has asserted.

Beware of real Telkom line rental cost

2013-06-30 12:41

Consumers shouldn't let Telkom pull the wool over their eyes over the real cost of its line rental increases, warns an industry expert.

Telkom suing former boss for R60m

2013-06-19 13:53

Telkom is suing a former senior executive who is now working at Blue Label for R60.3m, alleging acts of recklessness and breach of contract.

Blue Label to defend Telkom lawsuit

2013-06-14 19:02

Blue Label says it is confident that it would successfully defend a $528.07m lawsuit brought against the company.

Telkom agrees to R200m internet fine

2013-06-14 12:32

Telkom has agreed to pay a fine of R200m to settle complaints that it used its dominant market position to the detriment of other internet providers.

Telkom to take R12bn impairment knock

2013-06-11 11:18

The board of directors of Telkom has completed a review and decided to impair the carrying value of its assets by R12bn.


Is your ADSL service provider ripping you off?

2014-03-18 14:08

A new trend is emerging in the ADSL arena, every second Internet Service Provider (ISP) is claiming to offer the fastest, most affordable ADSL.

Telkom fights Vodacom, MTN over MTRs

2014-03-03 11:01

Telkom has written an open letter to telecommunications giants MTN and Vodacom about a new pricing regime, the New Age has reported.

R6m loan haunts Telkom boss

2014-02-24 16:09

Suspended Telkom chief financial officer Jacques Schindehütte has repaid a controversial loan, but CEO Sipho Maseko must now attend a corporate governance course.

Telkom welcomes Icasa MTR reduction

2014-01-29 13:35

Telkom has welcomed the regulator's announcement on the reduction of Mobile Termination Rates (MTRs).

MTN sets out its SIM deactivation policy

2014-01-23 10:17

In reaction to a Fin24 user's frustration about a deactivated SIM card with another provider, MTN sets out its policy.

Anger at deactivated SIM card

2014-01-18 16:00

A Fin24 user expresses her anger at not having been notified that her SIM card was going to be deactivated.

Suspended Telkom CFO must repay loan

2014-01-15 11:31

Suspended Telkom chief financial officer Jacques Schindehutte must re-pay a R6m loan from the company.

Top jobs on the line at Telkom

2014-01-13 12:14

Telkom says it urgently needs more cost cuts, including cutting back on its managerial payroll under its turnaround plan.

Mandela: Backbone of business

2013-12-08 16:02

Nelson Mandela turned South Africa from a pariah state to the world’s darling, and in doing so, he brought the country into the global economy, according to a report.

Telkom: Our customers hate us

2013-11-19 10:24

The perception of Telkom's brand and its customer service is bad, admits CEO Sipho Maseko.

JSE ends higher, but valuations weigh

2013-11-18 18:57

South African stocks have edged up as a global equity rally helped lift investor favourites, although nagging concerns about valuations kept gains in check.

R6m Telkom loan to suspended CFO may be illegal

2013-11-18 09:38

Telkom says it has loaned its suspended chief financial officer Jacques Schindehütte R6m to buy its shares, which could be illegal.

Schindehütte: Telkom boss vows fair probe

2013-10-24 13:40

The investigation into suspended chief financial officer Jacques Schindehütte will be without favour or prejudice, says Telkom CEO Sipho Maseko.

Draft call rates gazetted - Icasa

2013-10-14 22:00

The Independent Communications Authority of SA has gazetted the draft call termination regulations, which considerably reduces the cellphone rates of some networks.

Telkom issues scam alert

2013-10-09 16:18

Consumers should watch out for a fake email aimed at swindling consumers out of their money or confidential information, Telkom has warned.

Stocks hit by strike threats

2013-10-07 20:22

South African share prices have dropped, bruised by the threat of further strikes and a US political fight that has rattled global markets.

SA fibre broadband set for cheaper access

2013-10-03 11:00

Affordable broadband is one step closer with the expansion of a "so called" last mile service being expanded to Cape Town.

Greed hampers easy economic gains for SA

2013-09-15 18:36

Greed, self-interest and lack of political will are costing South Africa easy gains when it comes to boosting the economy and creating jobs, say industry players.

Call for Telkom unbundling

2013-08-02 07:41

Telkom should be unbundled as a way of speeding up competition for broadband services in South Africa, an industry player has asserted.

Telkom strikes pay deal

2013-07-25 16:07

Telkom and the Communication Workers Union (CWU) signed a three-year pay deal in Pretoria on Thursday.

Time to Reboot Telkom

2013-06-26 07:44

SA is missing out for failing to hook into the high speed internet revolution, despite years of promises from the state to break a logjam largely of its own making, says Glenn Ashton.

CEO: Telkom is not broken

2013-06-16 15:10

CEO Sipho Maseko says Telkom may be severely challenged but it is not broken as it looks at restructuring plans in order to serve customers better.

Eaton Towers partners with Telkom Kenya

2013-06-14 12:50

Pan-African tower company Eaton Towers has announced that it has signed a deal with Telkom Kenya to cover its existing portfolio of more than 1 000 towers.

Telkom profits plunge

2013-06-14 09:23

Telkom has posted a 73.2% decline in headline earnings, saying it is largely due to the cost of voluntary severance packages and a Competition Tribunal fine.

ADSL lines go down

2013-06-07 17:59

ADSL lines across the country are slowly reconnecting after subscribers experienced ASDL downtime.

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