https://www.engineeringnews.co.za
Africa|Business|Technology|Infrastructure
Africa|Business|Technology|Infrastructure
africa|business|technology|infrastructure

Maseko resigns as Telkom chief

23rd July 2021

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

     

Font size: - +

Telkom Group CEO Sipho Maseko will step down as CEO and executive director of the company and its subsidiaries, effective June 30, 2022.

Maseko joined Telkom on April 1, 2013, and, during his eight-year tenure, evolved the business from a traditional fixed business to a portfolio of businesses comprising mobile, information technology, wholesale infrastructure business and masts and towers.

“Under his leadership, the group has had many remarkable strategic achievements in its execution of its broadband-led strategy which are reflected in the group’s current healthy position,” the board said in a statement on July 23.

The mobile business grew to become the third largest mobile business in South Africa with more than 15-million customers generating R20-billion in revenue, while the fibre footprint was expanded and the fixed-customer base was migrated to new technologies.

The process to appoint a successor is well underway and a designate group CEO will be announced in due course.

Maseko will ensure the incoming designate’s orderly transition into the role.

Edited by Creamer Media Reporter

Comments

Projects

Image of Kenya map/flag
High Grand Falls dam, Kenya
Updated 1 hour 41 minutes ago By: Sheila Barradas

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.085 0.144s - 168pq - 2rq
Subscribe Now