G20 sees UK in tech deals with JSE, Telkom

G20 sees UK in tech deals with JSE, Telkom

Sir Keir Starmer, prime minister of the UK. (Image supplied by the British High Commission, Pretoria) The UK has partnered with the JSE and Telkom to accelerate the growth of South Africa’s tech ventures. The UK government made the announcement today after prime minister Sir Keir Starmer arrived in Johannesburg this morning ahead of the…

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Telkom is sitting pretty

Telkom is sitting pretty

Telkom CEO Serame Taukobong Telkom has delivered an impressive set of interim results for the six months to 30 September 2025, underscoring the extent to which the company is outperforming its larger rivals, MTN and Vodacom, in South Africa’s fiercely competitive mobile market. While the country’s two biggest operators are battling sluggish demand in prepaid…

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Why Telkom is winning in mobile

Why Telkom is winning in mobile

Telkom Consumer CEO Lunga Siyo Stringent cost management has been a driver of Telkom Mobile’s success alongside its market-leading value offerings. At R79/GB, Telkom is offering prepaid data at the cheapest rates but still managing to grow revenues without sacrificing profitability. At Telkom’s investor presentation following the release of its results for the six months…

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MTN vows to claw back market share lost to Telkom

MTN vows to claw back market share lost to Telkom

MTN Group CEO Ralph Mupita has admitted that the group’s South African operation has lost market share to rival Telkom, especially in the prepaid mobile market. According to Mupita, although competition from long-time rival Vodacom and on-the-mend Cell C remains intense, Telkom is grabbing market share in a “discernible” way from MTN South Africa. “Have…

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MTN cannot rule out future deal with Telkom, says CEO

MTN cannot rule out future deal with Telkom, says CEO

MTN Group president and CEO Ralph Mupita. South Africa’s second-largest mobile network operator (MNO) cannot rule out a future deal with another telecoms operator, including Telkom, says MTN Group president and CEO Ralph Mupita. However, Mupita says there are currently no active talks with Telkom, quashing recent media speculation. Shares in Telkom jumped on rumours…

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No talks between MTN and Telkom: Ralph Mupita

No talks between MTN and Telkom: Ralph Mupita

MTN Group CEO Ralph Mupita has denied a report that the pan-African telecommunications operator is in any form of discussion about a potential acquisition of Telkom Group. Speaking at a media event in Johannesburg on Friday, Mupita said that although discussions between the two operators and advisors have taken place in the past, there are…

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MTN may rekindle talks to buy Telkom

MTN may rekindle talks to buy Telkom

A Telkom communications tower in Pretoria MTN Group is considering renewing talks, previously abandoned, to acquire rival Telkom, Bloomberg News reported on Thursday, citing unnamed sources familiar with the situation. “The two companies could begin negotiations before the end of the year, though there’s no guarantee that these talks would lead to a deal,” the…

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Telkom keeps winning – but BCX is still a drag

Telkom keeps winning – but BCX is still a drag

Telkom Group CEO Serame Taukobong Telkom’s strong financial performance in its 2025 financial year has continued into the new year, with the partially state-owned telecommunications group on Tuesday reporting good growth in its mobile and fibre businesses. In a trading update, Telkom Group CEO Serame Taukobong said the company’s data-led strategy “continues to be the…

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Fibre, mobile propel Telkom to R10.8bn revenue in Q1

Fibre, mobile propel Telkom to R10.8bn revenue in Q1

Telkom says it expects continued growth. Telkom has kicked off its financial year on a strong note, continuing its positive momentum with a 1.1% increase in group revenue to R10.8 billion for the first quarter. The JSE-listed telecommunications firm today published its trading update for the first quarter ended 30 June. According to the company,…

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