• 'Gordhan is trapped'

    Had Finance Minister Pravin Gordhan raised VAT, he would probably have been fired.

  • Budget analysis

    Gordhan’s budget was disappointing and even a bit depressing, says Jaco Leuvennink.

  • #Budget2017 survey

    Take our survey and let us know your post-Budget views!

All data is delayed
Loading...
See More

Telkom network overhaul halted

Apr 02 2012 08:24
Reuters

Company Data

TELKOM SA SOC LIMITED [JSE:TKG]

Last traded 69
Change -1
% Change -2
Cumulative volume 2056511
Market cap 0

Last Updated: 24-02-2017 at 05:05. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Neotel boasts customer growth

Telkom shares dive on profit warning

 

Johannesburg - Telkom [JSE:TKG] has been forced to stop a planned R13bn network overhaul after infrastructure provider ZTE Mzansi won a court order on Friday to halt the project, Business Day newspaper reported.

ZTE Mzansi, a joint venture between China’s ZTE Corp and local black-owned companies, took Telkom to court after being disqualified from a bidding process related to the project, Business Day said on Monday.

Telkom said it was reviewing the court judgment.

 
telkom

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
6 comments
Comments have been closed for this article.
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What do you want Finance Minister Pravin Gordhan to address during his budget speech?

Previous results · Suggest a vote

Loading...