Latest News & Developments
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Bulls&Bears: South Africa’s telco sector: defensive, resilient, and emerging from a rough patch
Explore how South Africa's telecommunications sector is navigating economic challenges and emerging stronger, offering insights for investors and consumers alike.
Telkom enters the MVNO market to enhance competitiveness, support black-owned businesses
Telkom has entered South Africa's rapidly growing Mobile Virtual Network Operator market through a strategic partnership that enables multiple MVNOs to access its network. With the market projected to reach R83. 6 billion and subscriber numbers surging by 51% year-on-year, Telkom aims to become a key enabler for new entrants, particularly black-owned businesses, while fulfilling Icasa's spectrum licence requirements.
Telkom shares surge as R6. 75bn sale of Swiftnet tower business nears completion
Telkom's share price increased by 2. 9% following the announcement that all conditions have been met for the R6. 75 billion sale of its Swiftnet tower business to a consortium led by Actis and Royal Bafokeng Holdings. The proceeds will be used to reduce debt and invest in core business operations
Makgosi Mabaso appointed as chief commercial officer for Openserve
Makgosi Mabaso has been appointed as Openserve’s Chief Commercial Officer (CCO), effective 1 January 2025, the company announced on Tuesday.
Telkom’s R6. 75bn sale of Swiftnet strengthens mobile, fibre expansion
Actis is a global investor in sustainable infrastructure focused on the energy, infrastructure, and real estate sectors.
Telkom finalises R6. 75 masts and towers sale to Actis and Royal Bafokeng Holdings
The sale of the masts and towers business is now awaiting administrative conditions before closing.
Key strategies for crossing Africa’s fibre frontier and opening a new path to progress for the continent
Research in South Africa shows that there is a 2. 2% greater likelihood of a person being employed if they live within 500 metres of fibre networks and also finds correlations between rising broadband consumption and GDP growth.
Tuks FM shines with multiple awards at international student broadcast championships
Tuks FM celebrates major wins at ISBC and Telkom Radio Awards, celebrated as a leader in student and community broadcasting.
Africa Tech Festival: How AI will enable new growth in the telecoms industry
A major forum at Africa Tech this week looked at ways for telecommunications industry stakeholders to use intelligent operations to unlock new business growth.
Prime Durban land goes under the hammer
Hot bidding expected for vacant SABC land in Durban Central on Wednesday
UIF commissioner suspended over Thuja Capital involvement
Minister of Employment and Labour Nomakhosazana Meth revealed that the decision was taken following a briefing by acting director-general, Viwe Mlenzana, on Maruping’s alleged involvement in the irregular R5bn jobs scheme which the fund entered into with Thuja Capital.
Telecoms body wants streaming services to help pay for broadband infrastructure
The position paper points out that OTT service bypass “traditional distribution channels and legislative and regulatory frameworks”, while acknowledging they offer “end-users more control and freedom in their content consumption”.
GP Health Department staggers under R1bn in unpaid bills to suppliers
The DA in Gauteng has revealed that the provincial Health Department owed R1 billion in unpaid invoices (19 212) to its suppliers of goods and services over the last 30 days.
Telkom trying to sell land under claim
Prime land in the Greyville area will be auctioned off later this month, but it is subject to land claims.
Latest Mobile Network Quality Report shows MTN leading network in South Africa
It shows MTN achieved strong network performance due to its annual investment of R10 billion in its network infrastructure over the past decade.
Star-studded show to reflect SA’s rich musical legacy and diverse talent
A thrilling adventure awaits fans over the following 16 weeks as contenders from across the nation compete for the coveted title.
Suspects caught transporting 350kg copper cables, fire hydrant in Cape Town
The suspects were caught in possession of items belonging to Telkom, Transnet and the City of Cape Town outside a scrapyard in Wetton.
Telkom swings to R1. 9bn profit from R10bn loss
Although headline earnings per share (HEPS), a key measure of profitability, gained 201. 3% to 376 cents a share, Telkom did not declare a dividend for the fifth year in a row.
Multi-million copper theft trial back in court in August
The trial of eight people charged with the theft of copper with an estimated value of R3 million will resume in the Pinetown Magistrate’s Court in August.
Sick man on-board container motor vessel evacuated
The National Sea Rescue Institute Durban duty crew were activated by the Transnet National Ports Authority Durban Port Control to prepare to medically evacuate a 24-year-old man, from India, suffering a medical complaint, from a container motor vessel.
Telkom says sorry with 1GB data sweetener after Monday’s network outage
Telkom will be giving customers free data as an apology following an internet outage.
Telkom is investing to overcome the unique challenges of the local market
The JSE-listed telecoms group said yesterday in a circular to shareholders that South faces a unique set of challenges that include weakening growth prospects and high unemployment
Which mobile network has best data performance in South Africa?
A MyBroadband study analysed the performance of South Africa’s major mobile networks in the first quarter of 2024. Here’s how they ranked:
Educators share insights on using technology in teaching
The conference has been an annual highlight in the education sector for the past 26 years.
Telkom to use R6. 75bn Swiftnet cash to cut debt and invest further
Telkom SA has sold its masts and towers business Swiftnet to a consortium that includes global private equity investor Actis and Royal Bafokeng Holdings for R6. 75 billion.