Conditions in the retail sector start to pick up, which bodes well for the company.
Telkom's profit from the sale of Vodacom pays for a large portion of its own mobile arm.
Money will only be spent where it can generate good returns for the company.
Telkom earned R640 million less in revenue after mobile termination rates were cut earlier this year.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
In this World Wide Wrap: Nortel, Genband clash over acquisition; VOIP Telecom slams mobile operators; and N-able, Mitel partner.
In this World Wide Wrap: VeriFone to snap up Hypercom, Russia approves e-payment bill, and Google designs mobile payment system.
The company has seen business growth following its channel partner incentive programme introduced last month.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
The fixed-line company is evaluating expressions of interest for its Nigerian CDMA business, which has plagued it for several years.
Despite a poor performance at its six-month interim review, acting CEO Jeffery Hedberg is confident his strategy will turn Telkom around.
Telkom's mobile newcomer has already secured 0.5% of the mobile market.
Top business technology headlines 20 - 26 February 2022
A summary of the top business technology stories shared by ITWeb between 20 - 26 February 2022. Visit www.itweb.co.za for more news. #ITWebCloudDatacentresummit2022 #newsvideo #Fraudcases
The commission will assess whether mobile content providers are paying copyright royalties to rightful owners.
From sometime surfer to derivatives trader and innovation incubator, Justin Spratt's just the man to drive growth for digital marketing company Quirk.
The Gauteng provincial government will only settle its R100 million debt with Dialogue Holdings next May.