Justin Ramayia appointed CEO of Multi-links

Issued by Telkom
Johannesburg, 16 Apr 2007

Justin Ramayia, an executive in Telkom South Africa's broadband office, has been appointed as CEO of Multi-links, a Nigerian-based telecoms operator, with effect from 1 April 2007.

Reuben September, acting CEO of Telkom, said Ramayia would relocate to Nigeria shortly to assume his new position.

Telkom acquired 75% of the equity shareholding of holding company Kenston Investments Limited in Multi-Links last month. Multi-Links is Nigeria's pioneer private telephone operator (PTO) and was also the first telecommunications operator in Nigeria to introduce Code Division Multiple Access (CDMA) technology, a digital technology that enables the provision of more efficient and cost-effective wireless solutions.

Ramayia has occupied various positions at Telkom since joining the company in 1976 and was the executive at Telkom's Fulfilment and Assurance Management Centre prior to his appointment.

Ramayia's appointment as CEO of Multi-Links takes the form of a secondment for a period of three years.

Telkom

Telkom SA Limited is Africa's largest integrated communications company. Telkom provides public switched communication services in South Africa and offers fixed-line voice and data services. Telkom participates in the South African mobile communications market through its 50% shareholding in Vodacom, the largest mobile communications network operator in South Africa based on total estimated customers. Telkom's infrastructure is composed of terrestrial, undersea and satellite communications and pathways, broadband circuits and connections that enable voice, data and video communication services.

Telkom has approximately 4.7 million telephone access lines in service as of March 2006. Telkom had consolidated operating revenue of R47.6 billion for the year ended 31 March 2006. Telkom's subsidiaries include Telkom Directory Services (Pty) Ltd which provides complete yellow and white pages directory services as well as electronic services, and Swiftnet (Pty) Ltd. Swifnet trades under the name of FastNet Wireless Service and provides synchronous wireless access on Telkom's X25 network, Saponet-P, to its customers.

Telkom strongly believes in corporate social investment and has a dedicated wing, the Telkom Foundation, which focuses in investing and developing previously disadvantaged South African communities. The foundation spend R50.2 million in the year ended 31 March 2006 on projects relating to ICT planning and infrastructure roll-out; education and training; and, empowerment of women, children and people with disabilities.

Telkom has always viewed South Africa's effective transformation as imperative for its sustainable long-term growth. Empowerment and the transformation of the economy are central to Telkom's BEE strategy. During the year ended 31 March 2006, 67% of Telkom's procurement spend was on BEE companies. In addition, Telkom trained 18 black SMMEs and a total of 1 181 suppliers at an estimated cost of R7.1 million.

Editorial contacts