Telkom and Broadband Infraco in talks

Telkom and Broadband Infraco are in talks to remove duplication among state owned enterprises, Business Day reported

By - February 17, 2016 Share on LinkedIn
Telkom logo light

Telkom and Broadband Infraco are in talks to collaborate and remove duplication among state owned enterprises, Business Day reported.

Minister of Telecommunications and Postal Services Siyabonga Cwele told Business Day that “as part of a rationalisation process, Telkom and Broadband Infraco were looking at how they could co-operate on infrastructure projects”.

In September last year Broadband Infraco has appealed to government for a bailout to continue its operations.

The company told the parliamentary portfolio committee on posts and telecommunications that it requires an urgent cash injection of R243m. It also wants a further R932m in funding until 2019.

The demand for funding has hit government which holds 74% of Broadband Infraco and has already injected R1.8bn into the enterprise.

More on Telkom

Telkom close to starting R744-million Government broadband plan: report

Watch Telkom show off Boltspeed Fibre with Usain Bolt

Share your thoughts

Join the conversation

Connect with Us

androidappletwitterfacebookgoogleplusfeednewsletter

Poll

Have you received unsolicited telesales calls from a mobile network operator?

View Results

Loading ... Loading ...

More News

Don’t fall for free router and cheaper mobile contract telesales promises

Vodacom call centre banned

Vodacom clients recently complained to The Power Report about being tricked into buying a Wi-Fi router contract by being told it would be free.

Hlaudi Motsoeneng gets R11.4-million bonus

Hlaudi Motsoeneng

Former SABC COO Hlaudi Motsoeneng has received an after-tax bonus of R11.4 million this week, which forms part of a bigger R33-million multi-year bonus.

SACP leadership’s phones are being bugged — Nzimande

Blade Nzimande

Blade Nzimande says the SACP party leadership is under siege.

Gruelling solar car race kicks off in South Africa

Sasol Solar Challenge Team Maragon Olympus’ Solar Eagle of South Africa

The Sasol Solar Challenge, which runs between Pretoria and Cape Town from 24 September to 1 October, is officially underway.

Free MyBroadband Newsletter
×