sipho maseko

  1. 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
  3. Jan

    Telkom confirms "unsolicited, exploratory, non-consensual" offer from Sipho Maseko

    Telkom says former CEO Sipho Maseko's offer remains unsolicited, exploratory, and non-consensual Telkom has confirmed receiving an unsolicited, non-binding, indicative offer from a consortium led by former CEO Sipho Maseko for a controlling stake in the company. Its confirmation follows...
  4. Hanno Labuschagne

    Maseko-led consortium's bid for stake in Telkom rejected

    Maseko-led consortium's bid for stake in Telkom rejected A bid led by former Telkom CEO Sipho Maseko to acquire a share in the telecoms company was rejected, Business Times reports. The publication has learnt that Maseko's Afrifund Investments and its partner Madagascar-based Axian Telecom had...
  5. Hanno Labuschagne

    Sipho Maseko in bid to buy chunk of Telkom

    Sipho Maseko in bid to buy chunk of Telkom Africa’s largest asset manager, the Public Investment Corporation, is backing a possible bid led by the former chief executive of Telkom SA SOC Ltd for a 35% stake in South Africa’s third-biggest mobile phone company, according to people familiar with...
  6. 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
  7. Jan

    Outgoing Telkom CEO Sipho Maseko made R34 million in his last 9 months - and will get R32 million more

    How much money Sipho Maseko made in his last year as Telkom CEO Outgoing Telkom group CEO Sipho Maseko earned R34,199,625 for the nine months he served at the company from 1 April to 31 December 2021. His remuneration included a basic pay package, short- and long-term share incentives, and a...
  8. Jan

    South Africa's best-paid telecoms CEO

    Best paid telecoms CEO in South Africa The best-paid telecoms CEO in South Africa is MTN Group's Ralph Mupita, who received a salary package of R84.2 million rand over the 2020/21 financial year (FY). Mupita's pay for the year was almost R17 million more than the next-highest paid telecom CEO...
    • Jan
    • Thread
    • blue label telecoms brett levy huge group jaco-muller voigt james herbst mark levy mtn ralph mupita shameel joosub sipho maseko telemasters telkom vodacom
    • Replies: 2
    • Forum: Broadband and IT News
  9. Jan

    Ramaphosa directs SIU to investigate suspect Telkom deals since 2006 - including Multi-Links

    Dodgy Telkom deals under investigation — including one where it made a R7 billion loss President Cyril Ramaphosa has issued a proclamation directing the Special Investigating Unit (SIU) to investigate allegations of maladministration and misconduct at Telkom. The president referred several...
    • Jan
    • Thread
    • africa online mauritius cyril ramaphosa iwayafrica multi-links mweb roy padayachie sipho maseko special investigating unit (siu) telkom
    • Replies: 22
    • Forum: Broadband and IT News
  10. 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...
  11. Jan

    How we turned Telkom around - Sipho Maseko

    Our customers hated us — Telkom CEO Telkom CEO Sipho Maseko said Telkom faced an uncertain future with an unsustainable financial situation, increased competition, and customers hating the company. Speaking at the annual SATNAC conference, Maseko said between 2012 and 2014, Telkom was facing...
    • Jan
    • Thread
    • sipho maseko southern africa telecommunications networks and applications conference (satnac) telkom
    • Replies: 45
    • Forum: Broadband and IT News
  12. Jan

    A Telkom-MTN deal could make it past regulators - Maseko

    Telkom CEO says a deal with MTN is technically possible Telkom CEO Sipho Maseko said a deal between MTN and Telkom is possible if it is structured correctly and if the benefits are highlighted. Bloomberg recently reported that MTN made a takeover approach for Telkom in a deal that would’ve...
  13. Jan

    Icasa to present solution to temporary spectrum mess

    What happened at "classified" meeting with South African cellular networks A solution to the temporary spectrum stand-off between industry regulator Icasa and South Africa's cellular network operators is expected this week.
    • Jan
    • Thread
    • cell c independent communications authority of south africa (icasa) khumbudzo ntshavheni liquid intelligent technologies mtn rain sipho maseko telkom vodacom willington ngwepe
    • Replies: 3
    • Forum: Broadband and IT News
  14. Jan

    Telkom update on Swiftnet listing

    Telkom cellular towers business listing on the JSE Telkom says it has made significant progress with its plan to list its masts and towers business, Swiftnet, on Johannesburg Stock Exchange (JSE). It said that the progress includes, but is not limited to, formal engagements with the JSE.
  15. Jan

    Telkom pursuing listing of Swiftnet on the JSE

    Telkom to list masts and towers business Telkom is pursuing a separate listing of its masts and towers business, Swiftnet, on the Johannesburg Stock Exchange, the company announced on Tuesday. Swiftnet is a Telkom subsidiary under management by Gyro.
  16. Jan

    South African consumers the biggest losers in Icasa spectrum auction delay

    The biggest loser — South Africa's cellphone network users Vodacom says it is extremely disappointing that the fourth attempt by the Independent Communications Authority of South Africa (Icasa) to licence high-demand spectrum has failed. The mobile network operator said it was especially...
    • Jan
    • Thread
    • byron kennedy cell c independent communications authority of south africa (icasa) mtn rain sipho maseko telkom vodacom zahir williams
    • Replies: 2
    • Forum: Broadband and IT News
  17. Jan

    Telkom announces new CEO of its consumer division

    New Telkom Consumer CEO announced Telkom named Lunga Siyo as the new CEO of Telkom Consumer effective 1 October 2021. Siyo is set to take over from Serame Taukobong when Taukobong assumes the position of Group CEO Designate.
  18. Jan

    Sipho Maseko's legacy as Telkom CEO

    Telkom CEO Sipho Maseko's legacy Telkom CEO Sipho Maseko will step down in June 2022. We take a look at what the numbers say about his time at the helm of the company.
  19. Jan

    Telkom's strategy to compete with Vodacom and MTN - "when they go low, we go high"

    Telkom price plan — "when they go low, we go high" Telkom’s new CEO-designate, Serame Taukobong, said that instead of engaging in a price war, they prefer to add more value to remain competitive. Telkom recently announced that Taukobong would take over from Telkom CEO Sipho Maseko when he...
  20. Jan

    Openserve fibre surpasses ADSL - Telkom quarterly trading update for 30 June 2021

    Telkom fibre overtakes ADSL Telkom has reached an inflection point where the number of homes connected with fibre surpassed the number of homes connected with copper. Tekom revealed this information in its trading update for the quarter ended 30 June 2021.
    • Jan
    • Thread
    • fibre-to-the-building (fttb) fibre-to-the-home (ftth) openserve sipho maseko telkom
    • Replies: 8
    • Forum: Broadband and IT News
  21. Jan

    Mobile data growth - Telkom quarterly trading update at 30 June 2021

    Big Telkom Mobile data growth Telkom has issued its quarterly trading update for the April-June 2021 period, showing substantial growth in mobile customers and mobile data revenue. “Telkom published a solid set of results for the first quarter of the year in a challenging trading and economic...
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