| |
 |
|
14
Nov 2005 |
South Africa's broadband consumer lobby group MyADSL on Friday said Telkom's new ADSL pricing structure would result in local subscribers paying 1 000% more than other subscribers around the globe for a similar service.
The new billing structure, introduced on November 1, is on a per-usage system. However, it does not apply to the Cape Town-based internet service provider (ISP) Dotco, as the High Court is yet to make a ruling following the ISP's complaint against the introduction of the new billing struc... |
| |
|
|
14
Nov 2005 |
JOHANNESBURG – Three Telkom executives who objected to the appointment of chief executive Papi Molotsane have left the company.
Molotsane made the announcement on Monday at the presentation of Telkom’s results for the six months ended September 30
He suspended sales and marketing executive Pinky Moholi, investor relations officer Belinda Williams and human resources executive Oupa Magashule in September after they objected to his appointment
The three raised concerns about Telkom’s management reshuff... |
| |
|
|
14
Nov 2005 |
Three Telkom executives who objected to the appointment of chief executive Papi Molotsane have left the company.
Molotsane made the announcement on Monday at the presentation of Telkom's results for the six months ended September 30.
He suspended sales and marketing executive Pinky Moholi, investor relations officer Belinda Williams and human-resources executive Oupa Magashule in September after they objected to his appointment.
The three raised concerns about Telkom's management reshuffle and t... |
| |
|
|
14
Nov 2005 |
It’s official: South Africans pay at least 1 000% more than international counterparts for high-speed, high-download internet services.
This shocking statistic, brought to light by online consumer forum MyADSL, comes as a new pricing regime from fixed-line operator Telkom – which dominates control to internet access in South Africa – started on November 1.
MyADSL’s Rudolph Muller says that with the new pricing structure, a high-download (30 gigabyte (GB) unshaped) account using an international sta... |
| |
|
|
14
Nov 2005 |
Telkom, Africa's biggest phone firm, has thanked a reduced wage bill and strong growth at mobile subsidiary Vodacom for a 50% rise in profits.
Releasing its results for the half-year to 30 September, it made a pre-tax profit of 7bn rand ($1bn; £596m), up from 4.7bn rand for the year before.
Revenues were ahead by 9.9% at 23.5bn rand, up from 21.3bn a year earlier.
Vodacom, co-owned with UK phone firm Vodafone, saw its customer base increase by 42% during the period.
State-controlled
Vodaco... |
| |
|
|
14
Nov 2005 |
Telkom has reported a net profit of R4.2 billion for the six months ended September 30. Papi Molotsane, the group chief executive officer, said today that the profit came from strong mobile and data revenue growth, and cost reductions in the fixed-line business.
Vodacom, of which Telkom owns 50%, also increased its customer base and contributed to the profit. "The second half of the financial year will be characterised by a profound focus on customer service excellence and acceleration of broadband adopt... |
| |
|
|
14
Nov 2005 |
Johannesburg- and New York-listed telecommunications group Telkom on Monday reported a 35 percent increase in interim headline earnings per share (HEPS) to 775.9 cents for the half-year ended September 2005 from 574.9 cents for the previous comparable period.
Basic earnings per share (EPS) grew 46.3 percent to 792.7 cents compared to 541.8 cents previously while revenue rose 9.9 percent to R23.456-billion during the period under review.
Operating profit, meanwhile, increased by 37.3 percent to R7.51... |
| |
|
|
14
Nov 2005 |
If you don't eat or stay over, you could fly to Hong Kong and download 100 gigabytes of data from the Internet, fly back to South Africa and pay less than if you were to download that amount of information using Telkom's ADSL service.
Even taking into account the duration of the return flight, you could be back in South Africa days before you could complete the download here.
This is according to Durban software developer Stuart Gunter, who has posted on an Internet forum the findings of an investiga... |
| |
|
|
14
Nov 2005 |
Sorry, the content you are looking for has been removed due to a request by MyBroadband. We apologise for the inconvenience....
|
| |
|
|
14
Nov 2005 |
The three members of Telkom’s executive committee placed on leave of absence in September pending an internal enquiry have left the company.
Recently appointed CEO Papi Molotsane refused to explain the circumstances around their departure or the reasons that lead up to their apparent suspension. Molotsane said merely that he had to take action on the individuals when he arrived at the group, but: “As of a few minutes ago, the issues have been resolved. We have agreed to part ways.”
The three were fo... |
| |
|
|
14
Nov 2005 |
Telkom, under its recently appointed CEO Papi Molotsane, promises it will shift towards an increased focus on customers, but also on its employees.
Writing in the commentary to its interim results, released on the Stock Exchange News Service (SENS) this morning, Telkom said it believed it was “strongly positioned to compete in a liberalised market” and stood ready for a “new and exciting phase of development”.
Telkom said it intended to pursue opportunities to “provide the full spectrum of ICT (infor... |
| |
|
|
14
Nov 2005 |
Telkom, South Africa’s fixed line operator, which also owns half of Vodacom, has reported headline earnings a share (HEPS) growth for the six months to September of 35% to 775,9c, at the bottom end of the October trading update which said this could be up to 55% better. Group operating revenue, which includes the fixed line business plus 50% of Vodacom, grew by 9,9% to almost R23,5bn, while the operating profit rose by 37,3% to R7,5bn. Telkom’s EBITDA (earnings before interest, tax, depreciation and amortis... |
| |
|
|
14
Nov 2005 |
Johannesburg- and New York-listed telecommunications group Telkom on Monday reported a 35% increase in interim headline earnings per share to 775,9 cents for the half-year ended September 2005, from 574,9 cents for the previous comparable period.
Basic earnings per share grew by 46,3% to 792,7 cents compared with 541,8 cents previously, while revenue rose by 9,9% to R23,456-billion during the period under review.
Operating profit, meanwhile, increased by 37,3% to R7,517-billion versus R5,474-billion.
... |
| |
|
|
14
Nov 2005 |
ALEC HOGG: Well, Belinda Anderson is in the studio now, as is Papi Molotsane, the chief executive of Telkom. Now, Belinda, I have really boosted the next interview that’s coming up, not least because Telkom have had some pretty good financial results, they are paying special dividends, they are paying a big interim dividend, and there’s a lot of shareholders who are standing by waiting to hear. So perhaps you could give Mr Molotsane a tough curve ball to start off with, and after that, Papi, maybe Belinda w... |
| |
|
|
14
Nov 2005 |
Johannesburg - Telkom (TKG) on Monday confirmed the resignation of three group executives who were two months ago granted a "leave of absence", following the announcement of an internal inquiry which never materialised.
Human resources executive Oupa Magashula, chief of sales and marketing Nombulelo Pinky Moholi and investor relations executive Belinda Williams were suspended on September 19 - weeks after Papi Molotsane took over as the chief executive of the fixed-line monopoly.
The arrival of Molots... |
|
