Telkom sells Swiftnet for $343 million to Towerco Bidco
Telkom has been looking to sell the towers for nearly three years, as the Johannesburg Stock Exchange-listed business strives to maximise shareholder value.
Samuel Mungadze
2:00
Exclusive: Khoi Tech to supply SA cricket with smart watches
The Johannesburg-based tech start-up’s self-developed smart watch will be used during the International Cricket World Cup, next month, and provides real-time information on vital health metrics.
1:20
MTN refutes second Telkom buyout bid
Telkom is a business with good assets but there is no offer or official discussions at the moment, says MTN.
1:30
Telkom readies to offload masts and towers business
The process for the disposal of Swiftnet is at an advanced stage with the decision on the offers received expected soon.
1:10
SA’s Telkom confirms takeover bid discussions with former CEO
The company says the merits of the bid are being assessed by its board of directors in accordance with its fiduciary duties.
3:10
Ramaphosa orders probe of Telkom’s Africa asset sale deals
The investigation will establish if asset sales were unlawful, irregular or unapproved, as well as the losses incurred by the state, which was majority shareholder at the time.
3:30
SA looks to connect all citizens by 2024
Country’s Minister of Communications asserts government’s position at this year’s annual SATNAC conference.
4:30
Telkom’s fixed voice decline intensifies
The telecommunications company’s revenue grew 3% despite a 22.2% decline in fixed voice revenue.
2:20
SA4IR to help SA master fourth industrial revolution
Telkom and three local universities establish the SA4IR partnership to explore how the fourth industrial revolution will shape SA's future.
2:10
Telkom SA calls for digital economy summit
Group CEO explains necessity at SATNAC 2018 underway in the Western Cape.
4:20
Telkom posts flat revenue as BCX underperforms
Telkom reports flat revenue and declining headline earnings on the back of a tough year for BCX due to declining ICT spend in both the private and public sectors.
2:50
Telkom CEO advocates tech to address inequality in Africa
Sipho Maseko believes technology can help narrow the digital divide in Africa and prevent the continent from lagging behind the rest of the world.