The M&G takes a look back at the share price crashes, the historic leadership changes and the surprising appointments
The communications minister said the telecommunications company was still strategic to the state’s programme
The former chief executive is credited with saving the company by making inroads into the mobile market
Analysts suggest the former chief executive is interested in taking over Telkom in order to facilitate a deal with MTN, consolidating the local telecommunications space
The share price of South Africa’s third-largest mobile operator has gone down by more than 85% since reaching its all-time high in 2007
MTN SA has made two new executive appointments, in its technology and fibre divisions, as part of its efforts for it to grow its fibre business
The whistleblower fears that Zondo’s recommendation that the firm’s contracts with public entities be scrutinised will be stonewalled – and implicates Telkom.
Serame Taukobong says, if done right, the auction of new broadband spectrum will help level the playing field
The partly state-owned firm has battled the odds to become the third-biggest mobile operator in SA
The telecommunication group’s current chief executive, Sipho Maseko, will step down at the end of June 2022
Telkom is steering its business towards "new revenue streams", such as mobile, data and the internet
Telkom, who’s embroiled in a fight with unions over a plan to cut jobs, more than doubled its executive directors’ wage bill in fiscal 2015.
The union plans to take Telkom to court to prevent the firing of 9 500 of it’s workers but the company says no such number has been specified as yet.
Jacques Schindehutte, Telkom’s suspended chief financial officer, expects a disciplinary process into his alleged misconduct to wrap up before 2015.
Telkom chief executive Sipho Maseko has been ordered to attend a corporate governance course or face a R1-million fine or criminal prosecution.
A deal between the telecommunications giants could help reduce the cost of wireless business.
The granting of a R6-million loan to the now suspended Telkom executive was supported by both the chairperson and head of its remuneration committee.
A loan extended to the suspended Telkom executive may have been in breach of the Companies Act, but the CFO says he followed the correct procedure.
A weak rand and lower payments to operators, as a result of lower termination rates, has seen the fixed-line operator gain.
The company says its 2013 financial results reaffirm the need to act with urgency to turn the group’s performance around.
