Telkom to buy out BCX

Telkom to buy out BCX

Telkom is to make a cash offer to buy out all of Business Connexion’s (BCX’s) shares. The value of the deal will be about R2,7-billion. As one of the largest ICT and cloud service providers on the JSE, BCX has offices in the UK and Dubai as well as in South Africa. It...

Telkom upgrade good news for local industry

The announcement by Telkom recently that it plans to replace almost 300 of its unprofitable copper-based exchanges with wireless 3G and LTE services is good news for the telecommunications industry. If anything, it’s an attractive offering that will not only improve...

Fraudsters are targeting Telkom customers

Telkom has issued a warning to users who may become the victims of fraud by criminals pretending to be from the company. “They deposit a stolen or counterfeit cheque into a customer’s account and then on a false Telkom letterhead, inform the customer that Telkom had...

Telkom offers Samsung Galaxy S5 deal

Telkom’s mobile division announces that the new Samsung Galaxy S5 smartphone will be available from 11 April 2014 at their stores countrywide. The company’s SmartPlan 100 and Completely Unlimited deals offer the best data value in the market. The Galaxy S5 is loaded...

Telkom appoints new chief risk officer

Telkom has announced the appointment of Ouma Rasethaba as chief risk officer with immediate effect. Rasethaba, who has been with Telkom since 2006, has previously held the position of chief of Regulatory and Corporate Affairs. The appointment completes the EXCO...