Telkom sells Swiftnet for $343 million to Towerco Bidco

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.

Telkom is a business with good assets but there is no offer or official discussions at the moment, says MTN.

The process for the disposal of Swiftnet is at an advanced stage with the decision on the offers received expected soon.

The company says the merits of the bid are being assessed by its board of directors in accordance with its fiduciary duties.

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.

Country’s Minister of Communications asserts government’s position at this year’s annual SATNAC conference.

The telecommunications company’s revenue grew 3% despite a 22.2% decline in fixed voice revenue.

Telkom and three local universities establish the SA4IR partnership to explore how the fourth industrial revolution will shape SA's future.

Group CEO explains necessity at SATNAC 2018 underway in the Western Cape.

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.

Sipho Maseko believes technology can help narrow the digital divide in Africa and prevent the continent from lagging behind the rest of the world.