Telkom in talks with Naspers and Netflix

Telkom CEO Sipho Maseko has held talks with a host of large media companies including Comcast, Bertelsmann, Naspers, and Netflix, Bloomberg has reported.

According to Bloomberg, the talks to carry content on Telkom’s fixed-line networks are part of an effort by Maseko to boost revenue.

It follows an earlier report in October, 2013, carried by MyBroadband.

Telkom’s plans to offer online media content are no secret, with the company saying that it wanted to offer “media-rich content” with its very-high-bitrate digital subscriber line services.

VDSL launched commercially in South Africa during March 2013.

Telkom has also been running a promotion which offers uncapped data from a number of online video content services.

Maseko on Schindehutte

In an interview with Bloomberg, Sipho Maseko added comment to the much-publicised suspension of Telkom chief financial officer, Jacques Schindehutte.

Schindehutte was suspended in October last year following the outcome of an investigation into unspecified allegations made against him.

Maseko noted that he would have preferred not to have pushed an investigation into the matter.

“If we were not listed, no one would know about this, we would have managed it pretty quietly,” Maseko said. “It started off as a whistle-blowing, which the company then duly investigated. I, for one, wasn’t keen to investigate it.”

Telkom previously stated that the suspension relates to allegations of personal misconduct leveled against Schindehütte, which came to the Telkom board’s attention through a whistleblower.

More on Telkom

Telkom to bring Netflix to SA?

Telkom clarifies Schindehütte suspension

Aggressive job cuts at Telkom: report

Must Read

Partner Content

Show comments

Trending Now

Follow Us

Telkom in talks with Naspers and Netflix