Share

Lack of scales makes Telkom CEO nervous

Johannesburg - Telkom boss Sipho Maseko told City Press that the parastatal will need work on resolving its scale issue, adding that it needs to win over the South African market.

What makes Maseko nervous is Telkom’s lack of scale in many areas.

“For instance, when I buy handsets, we don’t have the scale that Vodafone has and Vodacom leverages off, and MTN has good scale and at some point we will need to resolve our scale issue.

"But what is clear, we have to win here in the home front because if you don’t win at home you’re going to struggle anywhere else,” said Maseko.

Telkom recently concluded what is in essence a super-roaming agreement with MTN, where the mobile operator will manage Telkom’s radio access network (RAN).

Maseko’s predecessor, Nombulelo Moholi, left soon after the government, Telkom’s major shareholder, threw out a proposed bid by Korean-based KT Corp to buy Telkom.

Maseko said his team took a different approach to strategic partnerships, like the ones on the table with MTN and Business Connexion.

He also said talks with shareholders have been positive, and that relations have been good between Telkom and its biggest shareholder, government.

Read the full story on City Press.


We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.06
+0.8%
Rand - Pound
23.86
+0.4%
Rand - Euro
20.45
+0.5%
Rand - Aus dollar
12.45
+0.3%
Rand - Yen
0.12
+1.0%
Platinum
917.60
+0.6%
Palladium
1,011.50
+0.7%
Gold
2,325.52
+0.4%
Silver
27.40
+0.9%
Brent Crude
88.02
-0.5%
Top 40
68,772
+0.3%
All Share
74,733
+0.3%
Resource 10
62,065
+2.7%
Industrial 25
103,234
-0.8%
Financial 15
15,875
+0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders