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7
June 2005 |
Vodacom, South Africa’s biggest cellular company with just over half of the 23-m subscriber market, saw a 32% increase in the number of customers using its network for the year to end-March 2005.
The statistic refutes claims that the SA market is showing signs of maturation; Vodacom CEO Allan Knott-Craig says that the market could grow to 31-m subscribers, meaning that two in every three South Africans will have a cell phone (although he did not provide a time frame). “We said the ceiling would be 19... |
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7
June 2005 |
Johannesburg - Lower and mid-level workers at Telkom were getting less than their fair share under a profit-sharing agreement, trade union Solidarity said on Tuesday.
"Solidarity should like to know from Telkom why the middle levels received only 53% and the lower levels only 65%, while the increased amount paid to the top post level comes to 252%," the union's telecommunications secretary Dawid Durie said.
"Solidarity is of the opinion that all post levels should be given the same treatment."
Te... |
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6
June 2005 |
[Johannesburg, 6 September 2005] - Convergence is not new to SA and the technology to implement it is in place, delegates at the ITWeb business communications executive forum heard this morning.
Companies need to know what benefits new technologies will bring them
The forum, which took place at the Hilton in Sandton, investigated the merging of data-centric and voice-centric technology into a seamless, effective solution.
The issue of convergence is no longer one of technology, said Greg Bezuid... |
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6
June 2005 |
Fixed-line operator Telkom on Monday posted results for the year to end-March 2005 that will no doubt leave shareholders very happy; headline earnings per share grew 47,5% to R12,41, operating profit was up 21% to R11,2-bn and the group’s earnings margin came in at 40%.
Vodacom contributed 28% of revenue and 17% of taxed profit.
Telkom’s strong cash-generating abilities – which saw it end the period with R2,3-bn in the bank – resulted in the declaration of an annual dividend of R4 a share and a specia... |
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6
June 2005 |
Apart from its interest in expanding into Nigeria, fixed-line operator Telkom is looking at potential opportunities in the Democratic Republic of Congo and Kenya as well.
Speaking at the group’s results presentation in Midrand, Telkom CEO Sizwe Nxasana said as far as possible it hoped to expand into other markets in conjunction with its 50% mobile subsidiary Vodacom. But, it was not constrained from some markets, like Vodacom is due to its shareholders agreement. The other shareholders in Vodacom are Vo... |
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6
June 2005 |
Johannesburg - As Telkom again delivered positive results amid a lack of competition on the fixed-line front, the company's CEO Sizwe Nxasana - who expects the second national operator (SNO) to be operational before the end of 2005 - said he "could not wait" for the rival to be up and running.
The arrival of the SNO, controlled by the Tata Group of India, will finish a protracted process to effectively end Telkom's monopoly.
Tata has a 26% stake in the yet-to-be operational phone group while empowerm... |
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6
June 2005 |
Shares in telecommunications group Telkom rose to a lifetime high of R119 per share on Monday after the firm announced its financial results for the year ended March 2005.
Telkom reported a 53% rise in basic earnings per share to 1241,8 cents, from last year's 812 cents.
The results came in slightly above market consensus. The market had forecast an improvement of between 40% and 50%.
The Johannesburg- and New York-listed firm also said it will pay out an ordinary dividend of four rand per share an... |
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5
June 2005 |
Phone giant told: Do not cut line
May 5, 2005
By Monica Laganparsad
A Durban man has obtained a High Court interdict preventing Telkom from disconnecting his business telephone line. The urgent interdict was sought yesterday by Callie Geel after he discovered that a Telkom employee had allegedly used his home telephone line to make numerous calls to his girlfriend.
Bluff resident Geel, the owner of Yellowstone Kitchens, said his problems with Telkom began in August last year.
In his affidavit... |
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5
June 2005 |
[Johannesburg, 5 September 2005] - A study has been launched to test local broadband services and assess whether they deliver on their promises.
Rudolph Muller, MyADSL founder and lecturer at the Department of Business Information Technology (BIT) of the University of Johannesburg, is spearheading the study. Muller says the study is being conducted both at the BIT's new broadband testing laboratory and at the homes and offices of 150 volunteers.
“While smaller comparative studies have been carried out... |
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3
June 2005 |
Both Telkom and MTN will next week announce that they made bucketloads of money in the past financial year. Neither will be able to entirely convince shareholders that the good times will continue indefinitely.
Telkom plans to present its results on Monday. In a mandatory preview it said its basic headline earnings per share would increase by between 35% and 55% compared with those in its previous financial year. Profits may not increase by quite as much but net profit should easily break R5-billion.
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3
June 2005 |
Telkom today delivered on its promise to reduce ADSL and data prices even further, with the entry-level high-speed Internet access product down to R270 per month.
Prices for international private leased circuits (IPLCs) via the submarine cable and satellite will be reduced by 28%, having decreased by an average of 23% during 2004.
These price reductions will be implemented on 1 August 2005. They form part of Telkom's broadband strategy to manage its ADSL and data costs down to ensure that access barr... |
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3
June 2005 |
Sentech, pacesetter with broadband wireless (BBW) Internet access products, yesterday announced the extension of MyWireless availability to Nelspruit.
The 'capital of the Lowveld' becomes the first city outside the major metropolitan areas of Johannesburg, Pretoria, Cape Town and Durban to be covered by the product range that is revolutionising Internet access for private users and small business.
Sentech CEO Dr Sebiletso Mokone-Matabane told an audience of provincial dignitaries and business leaders... |
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2
June 2005 |
South Africa’s fixed-line operator, Telkom, on Thursday announced it would be reducing the prices of its four high-speed Internet access products by an average of 22% on August 1.
The prices reductions pertain to the line rental portion of the asymmetrical digital subscriber line (ADSL) services Telkom offers.
A formal complaint about Telkom’s ADSL prices and pricing structure was lodged with the industry’s regulator, the Independent Communications Authority of SA (Icasa) two years ago, and culmin... |
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2
June 2005 |
South Africa's fixed-line monopoly Telkom will, with effect from August 1, cut ADSL and data prices -- with the entry-level internet access product down to R270 per month, the dual-listed telecommunications group announced on Thursday.
In addition, tariffs for international private leased circuits via submarine cable and satellite will be reduced by 28%.
The company, with less than 70 000 broadband subscribers, said this form part of its plan to reduce the cost of speedy internet service and ensure th... |
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2
June 2005 |
Johannesburg - Consumer interest group MyADSL repeated its call for Telkom to abolish its ADSL rental fees and said it was not happy with the group's announcement that it would reduce tariffs for its broadband offering with effect from August 1.
The listed group on Thursday said that it would put into place a 23% cut in prices for international private leased circuits and that it would reduce ADSL rental fees by up to 31.8%.
Entry-level product HomeDSL 192's rate was expected to ease 17.9% to R270 pe... |
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