Vodacom’s proposed acquisition of a 30% stake in fibre network operator Maziv could value the target company at up to R36-billion after agreeing revised terms on Friday. That would make Maziv, which owns fibre companies Vumatel and Dark Fibre Africa, worth more than R7-billion more than Telkom, which closed on Friday on the JSE with…
Telkom’s Lunga Siyo Telkom on Tuesday reported a nearly two-thirds leap in full-year earnings and resumed dividend payments for the first time in four years. It also declared a special dividend on the back of the sale of its mast and towers business Swiftnet. According to Lunga Siyo, CEO of Telkom’s consumer business, the turnaround…
Nonkqubela Thathakahle Jordan-Dyani, director-general of the Department of Communications and Digital Technologies. The South African government, which is the majority shareholder in telecommunications firm Telkom, has earned over R500 million after the JSE-listed company resumed dividend payouts. The company today published its annual financial results and ordinary and special dividend declaration for the year ended…
