serame taukobong

  1. Hanno Labuschagne

    Telkom's Taukobong silencing the sceptics

    Telkom's Taukobong silencing the ckeptics Since his appointment as Telkom Group CEO in 2021, Serame Taukobong has silenced the sceptics by improving the company's finances and making it attractive to investors, a rarity for state-owned firms. Taukobong was born in Soweto on 23 May 1970 and...
  3. Hanno Labuschagne

    Telkom dividend drought ends

    Telkom dividend drought ends Telkom declared its first dividend in four years after reporting an impressive set of results for its 2024/2025 financial year, including a profit increase of 299% from about R1.9 billion to R7.5 billion. A substantial part of the increase can be attributed to the...
  4. Hanno Labuschagne

    Telkom's tower sale gets Icasa approval

    Telkom's tower sale gets Icasa approval Telkom has cleared the last major regulatory hurdle in disposing of its masts and towers business, housed in its Swiftnet subsidiary. The telecoms company announced it had obtained approval from the Independent Communications Authority of South Africa...
  5. Jan

    Telkom quarterly trading update - revenue up, Ebitda down, selling off Swiftnet, stakes in Openserve and BCX

    Telkom earnings pummelled by load-shedding and people not paying their bills Telkom has released a trading update for the quarter that ended on 30 June 2023, reporting 3.8% higher group revenue, while group Ebitda declined 4.2%. By the end of the quarter, Telkom reported that its revenue was...
  6. Jan

    Telkom rejects former CEO Sipho Maseko's acquisition proposal - again

    Telkom rejects acquisition proposal from former CEO Sipho Maseko Telkom says it has terminated discussions with a consortium led by its former Group CEO Sipho Maseko for a bid to buy a slice of the partially state-owned telecommunications company. The consortium comprises Maseko's Afrifund...
    • Jan
    • Thread
    • axian telecom public investment corporation (pic) serame taukobong sipho maseko south african government employees pension fund (gepf) telkom
    • Replies: 6
    • Forum: Broadband and IT News
  7. Jan

    Telkom CFO says they are burning through cash unsustainably

    Telkom burning through cash Telkom is burning cash at an unsustainable rate, the company's chief financial officer Dirk Reyneke warned employees in an internal document on Tuesday. "Generally, we have managed our addressable costs reasonably well but the challenging economic and competitive...
  8. Jan

    Little prospect of energy crisis being remedied in near future - Telkom

    Little hope load-shedding will be solved soon, warns Telkom Telkom chief financial officer Dirk Reyneke warned in a presentation to media and investors on Tuesday that they don’t foresee a solution for South Africa’s energy crisis soon. Reyneke said load-shedding had a R700 million impact on...
  9. Jan

    Telkom has around 74,500 DSL customers left

    Telkom fixed-line wipeout Despite rapidly growing its fibre-to-the-home (FTTH) network in South Africa in the past year, Telkom's Openserve division lost over 200,000 fixed-line customers. According to the telecoms company's Abridged Annual Results for 2023, fixed-access lines declined from...
    • Jan
    • Thread
    • digital subscriber line (dsl) fibre-to-the-home (ftth) openserve serame taukobong telkom
    • Replies: 12
    • Forum: Broadband and IT News
  10. Jan

    Telkom increases mobile capex, records modest mobile growth

    Telkom doubles down on Mobile Telkom increased its investment in its mobile network by 35% between 1 April 2022 and 31 March 2023, the company's annual results have revealed. Over the same period, the company showed modest growth in mobile service revenue, which increased by 1.8% over the...
  11. Jan

    CWU will fight Telkom's plan to retrench 15% of workforce

    Telkom's plan to cut 2,000 employees "outrageous" — Union Communications Workers Union (CWU) general secretary Aubrey Tshabalala said they would fight Telkom’s plan to retrench 15% of its workforce. The CWU, together with the South African Communication Union (SACU), jointly represent the...
    • Jan
    • Thread
    • aubrey tshabalala communication workers union (cwu) serame taukobong sipho maseko south african communications union (sacu) telkom
    • Replies: 10
    • Forum: Broadband and IT News
  12. Jan

    Telkom DSL subscribers at lowest point since 2006

    Goodbye DSL Telkom digital subscriber line (DSL) customers are now few and far between, with the network operator's DSL subscriber base having dropped below 120,000, its interim results for the six months ended 30 September 2022 have revealed. DSL users in South Africa are now at their lowest...
    • Jan
    • Thread
    • digital subscriber line (dsl) openserve serame taukobong telkom
    • Replies: 27
    • Forum: Broadband and IT News
  13. Jan

    How Telkom let Vumatel (and everyone else) eat its lunch

    Fighting fibre with fibre Telkom released its mid-year financial results on Wednesday — and it wasn’t pretty. Revenue was down 0.7% to R21 billion, mobile service revenue was down 0.7% to R8.78 billion, fixed service revenue was down 9.8% to R6.28 billion, and headline earnings per share was...
    • Jan
    • Thread
    • dirk reyneke fibre-to-the-home (ftth) frogfoot herotel metrofibre octotel openserve serame taukobong telkom vumatel
    • Replies: 21
    • Forum: Broadband and IT News
  14. Jan

    Telkom CEO said they won't sell Openserve separately

    We will not sell Openserve — Telkom CEO Telkom CEO Serame Taukobong says the company would not consider selling off its network infrastructure subsidiary Openserve. “It is a core asset for us. We are definitely not considering selling a majority of Openserve,” Taukobong said during a Q&A...
  15. Jan

    Telkom reports revenue decline and big EBITDA hit

    Telkom takes a beating Telkom has published interim results for the first half of its 2023 financial year (H1 FY2023), revealing a decline in operating revenue as its mobile and fixed service divisions struggled to perform. Telkom Group CEO Serame Taukobong said the period from April 2022 to...
    • Jan
    • Thread
    • business connexion (bcx) openserve serame taukobong telkom telkom mobile
    • Replies: 8
    • Forum: Broadband and IT News
  16. Jan

    Telkom announces date for structural and legal separation of Openserve

    Openserve to separate from Telkom Telkom has announced that it will legally and structurally separate its wholesale and networks division Openserve from the rest of the business on 1 September 2022. Openserve operates Telkom’s over 160,000km national fibre network, and its old copper telephone...
  17. Jan

    Telkom expects to announce hyperscaler partnership in 3-6 months

    Telkom in major data centre play Telkom is potentially looking at announcing a partnership with a hyperscale computing provider soon, CEO Serame Taukobong has told MyBroadband. Hyperscalers include players such as Alibaba, Huawei, Oracle, Facebook, Amazon Web Services, SAP, Microsoft, and Google.
    • Jan
    • Thread
    • alibaba amazon web services bcx facebook google huawei microsoft openserve oracle sap serame taukobong telkom
    • Replies: 9
    • Forum: Broadband and IT News
  18. Jan

    Telkom share price hammered after weak earnings

    Telkom's week from hell Telkom had a week from hell. After reporting a drop in revenue on Monday, investors dumped the stock, which resulted in its share price plummeting by 13%. Telkom CEO Serame Taukobong put up a brave face, saying they demonstrated a solid performance in the broadband...
  19. Jan

    Spectrum showdown

    Goliath vs Goliath vs Goliath — South Africa’s spectrum showdown Battle lines have been drawn over the heated issue of cellular network capacity in South Africa. In the one corner — South Africa’s incumbent and partially state-owned telecommunications network operator Telkom.
    • Jan
    • Thread
    • charles molapisi independent communications authority of south africa (icasa) khumbudzo ntshavheni mtn radio frequency spectrum rain serame taukobong shameel joosub spectrum auction telkom vodacom
    • Replies: 7
    • Forum: Broadband and IT News
  20. Jan

    Sipho Maseko leaving Telkom 6 months early

    Telkom CEO Sipho Maseko leaves six months early Outgoing Telkom group CEO Sipho Maseko will be leaving the company on 31 December — six months earlier than scheduled. Telkom announced Maseko's departure in July, saying that he will stay on until the end of June next year to ensure a smooth...
  21. Jan

    Telkom explains its roaming deal with MTN

    Telkom roaming deal with MTN explained Telkom plans to roam on the Vodacom and MTN networks depending on who has the best network coverage. The company revealed the details about its roaming plans after MTN surprised the market with an announcement that it had concluded a multi-year national...
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