Telkom shareholder earnings hit by voluntary severance and early retirement packages

2018-11-13 11:07

Telkom's shareholder earnings are down 3.3% to 288c for the six months ended September 30, due to the costs of voluntary severance and early retirement packages which came to R288m as well as the related tax impact of R80m.

Telkom is said to bill police twice for virtually same work

2018-10-04 23:13

The partly state-owned telecommunications company is billing the national police service for two contracts that cover virtually the same work, five people familiar with the situation have said.

INFOGRAPHIC: How SA's broadband speed really stacks up against other countries

2018-07-11 14:24

Based on over 163 million speed tests, carried out over 12 months, the results are in, and South Africa is not in the worst position.

Telkom can’t just build cellphone masts anywhere it wants, the high court says, in a victory for municipalities

2018-05-11 16:21

Telkom tried to overturn planning rules entirely when it comes to telecommunications. But the City of Cape Town gets to decide what is built where, the high court says – even if national legislation says cellphone towers are important for everyone.

MTN sees profit comeback after Nigeria fine

2018-01-29 09:18

MTN Group, Africa’s biggest mobile-network operator by sales, says it returned to profit in 2017, recovering from a $1bn fine it paid for its Nigerian business in the prior period.

Data wars: Commission stands firm on consumer rights

2017-08-16 15:40

Icasa's recently-released draft regulations on out of bundle data pricing and expiry are still not consistent with the Consumer Protection Act, says the National Consumer Commission.

Zim telcos face mounting headwinds

2017-06-13 17:15

There is pressure on Zimbabwean telcos to lower voice tariffs, experts say, citing the need to deepen promotional offerings in light of declining revenues.

Uncapped: How Telkom is throttling my business – entrepreneur

2016-10-02 14:47

The state of Telkom’s infrastructure is such that it has to treat its business customers like naughty school children: punishing all for the transgressions of a few.

Econet snaps up Neotel for R6.5bn

2016-06-28 08:07

The buyer is partnering with Royal Bafokeng Holdings, which has committed to taking a 30% stake in Neotel.

Telkom shares jump amid almost 4 000 job cuts

2016-06-06 13:09

Telkom shares rose the most in seven years as South Africa’s biggest landline provider reported higher full-year earnings and that it has cut almost 4 000 jobs.

 

MTN lost more than 800,000 pre-paid subscribers in South Africa in 90 days – here's why

2018-10-29 15:39

But its subscriber base outside of SA grew at a rapid pace.

Here's why MTN is killing free Twitter, just months after committing to it

2018-09-25 13:56

MTN's announcement that it will no longer zero-rate data for Twitter use has left users upset – but not without a sense of humour.

At R50 for 1 gig, this is SA’s cheapest data network. It took us 6 minutes to sign up

2018-06-11 16:44

But getting the SIM card proved to be a problem.

MTN may sell R27bn stake in top Africa tower company

2018-03-12 16:21

MTN could cash in from an initial public offering of Africa’s largest telecommunication towers company, IHS Towers, by selling down a stake valued by the wireless carrier at about R27bn.

Telecoms to push into parallel markets

2018-01-28 06:00

This year, local telecommunications providers will most likely continue their push into parallel markets such as entertainment services, Africa Analysis managing director, Dobek Pater said during an interview.

MTN expects to make good on Nigeria losses in interim results

2017-08-02 12:44

Service provider MTN expects to report positive numbers in its interim financial results for the six months to end-June 2017.

Icasa a weak ref in tough fight

2016-11-15 13:02

The legal challenge to his position as acting chair of the Independent Communications Authority of South Africa is not the only obstacle Rubben Mohlaloga has found himself confronted with.

Telecoms policy in SA is ‘dysfunctional’ - Arthur Goldstuck

2016-07-27 14:13

The battle over South Africa’s wireless broadband spectrum auction highlights significant government policy missteps.

Telkom puts retrenchments on hold

2016-06-07 12:03

Telecommunications firm Telkom says there won't be forced retrenchments for the next two years, after the company cut almost 4 000 jobs during the last financial year.

A closer look at investment moats

2016-04-28 13:15

What constitutes a strong investment moat? We look at examples of companies that got it right.

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