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…
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…
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…
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…
America Online (AOL), famous for its aggressive marketing campaigns, will shut down its dial-up internet service at the end of next month. “AOL routinely evaluates its products and services and has decided to discontinue dial-up internet,” AOL said in a message to its dial-up users. “This service will no longer be available in AOL plans.”…
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…
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,…
Telkom Group CEO Serame Taukobong Telkom Group CEO Serame Taukobong nearly tripled his earnings in the 2025 financial year compared to 2024, with the company’s improved performance helping bolster his remuneration. According to Telkom’s remuneration report (PDF) for the year to 31 March, released on Thursday, Taukobong raked in a total of R33.3-million, up 168%…
Restructuring forms Telkom’s broader turnaround strategy to create a more agile business. JSE-listed telecommunications firm Telkom has revealed it incurred R160 million in restructuring costs during the past financial year, as part of its efforts to streamline operations and improve long-term efficiency. This figure was disclosed in Telkom’s integrated report for the year ended 31…
Telkom refreshes its brand identity, signalling a renewed focus on digital transformation and customer experience. Telkom debuted its new visual identity, including a new logo, yesterday. According to SA’s third-biggest mobile operator, the transformation reflects a deeper shift within the business, one that is not only about how the brand looks, but how it thinks,…
