In partnership with
  • Busting Uber myths

    The ehailing firm is constantly trying, succeeding - and sometimes failing, says Ian Mann.

  • Trapped in a democracy

    The very people elected to bring benefits to all are undermining SA, says Solly Moeng.

  • Marikana spectre

    Five years after the bloody massacre calls for justice are growing louder, says Terry Bell.

Loading...

Telkom wins ruling on network upgrade

Mar 18 2013 20:12
Reuters
Johannesburg - South African fixed-line operator Telkom said on Monday it had won a court dispute with an affiliate of China's ZTE Corp that had put on hold its planned network overhaul.

Telkom last year was forced to suspend a long-awaited upgrade to higher-speed broadband after infrastructure provider ZTE Mzansi won a court interdict to halt the project.

ZTE Mzansi, a joint venture between China's ZTE Corp and local black-owned companies, took Telkom to court after being disqualified from bidding for the project.

Telkom said in a statement the Supreme Court of Appeal had set aside the earlier interdict, meaning it could go ahead with the network upgrade.

“We had no doubt that Telkom’s procurement policy and procedures would not be found wanting,” said CEO Nombulelo Moholi.

“Telkom is pleased that the roll-out of the higher-speed broadband project has overcome a potential obstacle and can now continue unabated.”

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

telkom  |  broadband

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
4 comments
Comments have been closed for this article.
 

Company Snapshot

We're Talking About...

Savings Month

It's never too late to start saving. Visit our special issue and add your voice.
 

Money Clinic

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

Voting Booth

The proposal to nationalise SARB will

Previous results · Suggest a vote

Loading...