Serame Taukobong, CEO of Telkom Group, believes that telecoms companies should be at the forefront of adopting artificial intelligence technologies to increase efficiencies. Taukobong spoke to ITWeb Africa this week on the sidelines of the annual Southern Africa Telecommunication Networks and Applications Conference (SATNAC) in Drakensberg, South Africa. Telkom marked SATNAC’s 25th anniversary with a...
Telkom initially planned to list its telecom tower unit on the stock exchange independently of its general business. The company suspended the project in March 2022, citing the effects of the Russia-Ukraine war on financial markets. South African mobile operator Telkom has begun the process of selling its telecom tower unit, Swiftnet. This was revealed by Serame...
Telkom has appointed former Cell C executive Simo Mkhize as chief commercial officer (CCO) of the group. Mkhize is a seasoned ICT professional, whose career spans more than 25 years, with experience in the telecoms industry acrossAfrica and Europe, including serving at local operators Vodacom and MTN SA. Most recently, he worked as CCO of...
Could it be sunshine after Rain and MTN for the state-controlled operator? South Africa’s incumbent operator, Telkom SA, has another potential suitor. This time it’s from a consortium, led by its former CEO Sipho Maseko. The consortium pan-African group Axian Telecom and South Africa’s Government Employees Pension Fund, managed by the Public Investment Corporation (PIC). The offer to...
South Africa’s third largest mobile operator Telkom is close to offloading its masts and towers business, Swiftnet. The company today reported performance for the year ended March, revealing the disposal of Swiftnet is imminent. Telkom’s plan to unbundle Swiftnet was first announced in September 2021, when then-CEO Sipho Maseko, said the unit’s value was not fairly reflected...
Telkom has kicked off the sale of a stake in its fibre business, as it seeks to unlock value for shareholders and boost profit. The partially state-owned telecommunications group is working with Bank of America to gauge interest in the Openserve business from potential investors and strategic partners, a spokesman said in an e-mailed response to...
Chat commerce and business messaging leader Clickatell has launched their Chat 2 Pay feature for South African integrated communications company, Telkom. As a result Telkom’s customer base can use the Chat 2 Pay pay-by-link capability to make payments in WhatsApp. Telkom post-paid and prepaid customers can pay their phone and xDSL/fibre bills, and buy airtime,...
New York-listed IHS Holding is weighing a bid for Telkom’s tower unit, according to people familiar with the matter. Deliberations are focused on the structure of the potential deal, although Telkom remains open to offers from other companies and there is no guarantee IHS will buy the unit, according to the people, who asked not to be...
Telkom could start the sale of a minority stake in its core fibre business by March, it said on Tuesday, as part of a slew of measures it announced to unlock value and shore up profits. Telkom, which owns a big chunk of the fast growing home and business fibre market, had been a potential acquisition...
Telkom plans to raise R1-billion by the end of its financial year — 31 March 2023 — through the sale to external financial institutions of “qualifying receivables” related to upfront handset and device sales. This comes as the telecommunications operator’s free cash flow comes under severe pressure due to the impact of “front-loaded investment in working...
