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Telkom confirms talks with MTN over network deal

2014-03-07 08:46:00| Telecompaper Headlines

(Telecompaper) South Africa operator Telkom has confirmed that it is in talks with MTN over a possible agreement to outsource the operation of the Telkom radio access network (RAN) to MTN. Telkom added that a deal would also include a potential expansion of the existing roaming relationship between the parties to include bilateral roaming. MTN also confirmed the talks. The statements follow rumours for several months that the two companies were discussing a network-sharing agreement. This would give MTN access to Telkom Mobile's 2,300 MHz LTE network, while helping Telkom reduce losses from its mobile service. Both would also benefit from enhanced backhaul capacity.

Tags: network deal talks confirms

Indonesia's Telkom denies mobile unit IPO plan

2013-11-29 01:00:00| Total Telecom industry news

Telco confirms it is looking to unlock value through towers business deal, but dismisses report that it will list Telkomsel.

Tags: plan mobile unit ipo

Telkom revenue, EBITDA little changed in H1

2013-11-18 09:55:00| Telecompaper Headlines

(Telecompaper) South African fixed line operator has Telkom said operating revenue in the six months to 30 September increased by 0.3 percent from a year earlier to ZAR 16.192 billion thanks to higher mobile data and business IT service revenue, partially offset by lower fixed-line voice revenue. Group EBITDA decreased 0.4 percent to ZAR 3.933 billion. Headline earnings per share rose to ZAR 0.2242 from ZAR 0.1011 a year earlier.

Tags: changed revenue ebitda telkom

UPDATE 1-S.Africa's Telkom says CFO suspended over misconduct charges

2013-10-25 19:55:12| Telecom - Topix.net

South African fixed-line operator Telkom SA said on Friday the suspension of its chief financial officer was related to allegations of personal misconduct and not insider trading.

Tags: update charges suspended cfo