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Telecoms News

Telkom’s mobile business nears ‘break-even’

Achieved without layoffs and retrenchments.
Telkom’s mobile business nears ‘break-even’
1/8/2015

hings are looking up for Telkom’s loss-making mobile phone business as the company on Friday reported stronger revenues. For the quarter ended June 30, Telkom said that its mobile net revenue was up 68.5% to approximately R350m. Telkom Mobile still incurred a loss of approximately R30m during the quarter but the company noted that “this is an 87.9% improvement compared to the prior comparative period”.... Read more


Telkom CEO’s letter to departing staff

Heartfelt letter for the now-jobless 2,400.
Telkom CEO’s letter to departing staff
30/7/2015

Telkom on Thursday confirmed that almost 2 400 employees’ applications for voluntary severance and early retirement packages have been accepted by the telecommunications operator. Most of these employees will leave Telkom today, Friday. A total of 2 393 people will leave Telkom’s employ, representing 13% of the company’s total workforce. On Thursday afternoon, Telkom CEO Sipho Maseko wrote a letter to the departing employees in which he encouraged th... Read more


Bosses earned big as Telkom revenue fell

Millions a month while the rest of us still have overpriced, crap internet.
Bosses earned big as Telkom revenue fell
29/7/2015

TELKOM, the South African landline operator embroiled in a fight with unions over a plan to cut jobs, more than doubled its executive directors’ wage bill in the 2015 fiscal year. Total compensation for CEO Sipho Maseko rose 5.1% to R12.3m, former chief financial officer Jacques Schindehütte received R18.8m compared with R6m a year earlier, and Mr Schindehutte’s replacement was paid R8.7m, according to the company’s annual report for the year ended ... Read more


2 400 to leave Telkom

Annual unemployment by parastatal continues.
2 400 to leave Telkom
30/7/2015

Nearly 2 400 employees’ applications for voluntary severance packages have been accepted by telecommunications operator Telkom. According to Solidarity, 2 393 applications were accepted by Telkom management. These staff will serve their last day at the company tomorrow (Friday), the union said in a statement. According to Telkom’s most recent annual report, the company employeed 18 441 staff at the end of March 2015. Telkom’s workforce will therefore... Read more


Telkom feels the heat from fibre competitors

One percenters rejoice.
Telkom feels the heat from fibre competitors
30/7/2015

Group chief executive officer of Telkom, Sipho Maseko, has said smaller fibre providers are placing “relentless pressure” on the company’s wholesale and networks unit. This is according to an excerpt from Maseko’s strategic review in Telkom’s integrated report for 2015, which was released this month.... Read more


Previous Articles

Openweb Capped Unshaped ADSL

VPS.net

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Openweb releases Static mobile IP solution

OpenWeb Uncapped ADSL

If you need a static IP and don't have an internet connection or suffer from an unreliable one, you can now grab your own public IPs for whatever you need them for. Many types of applications need a static IP, such as many CCTV systems, Voice over IP setups and more, and as we know in SA our IPs change fairly often unless you purchase a package with fixed IPs.

The hardware is included in each deal, and you can run your VPN or servers to your heart's content with the 5 static IPs that are provided. These packages have built-in failover as well to make sure you never suffer from internetlessness, and your bandwidth is unshaped as well - and no need to sign any contracts as they're month to month! Throw your eyes across Openweb's mobile static IP page for more info or to order.


 

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