{"id":113001,"date":"2016-02-17T10:41:35","date_gmt":"2016-02-17T08:41:35","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=113001"},"modified":"2016-02-17T10:41:35","modified_gmt":"2016-02-17T08:41:35","slug":"telkom-in-talks-with-broadband-infraco-report","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/telecommunications\/113001\/telkom-in-talks-with-broadband-infraco-report\/","title":{"rendered":"Telkom in talks with Broadband Infraco: report"},"content":{"rendered":"<p>Telkom and Broadband Infraco are in talks to collaborate and remove duplication among state owned enterprises, <strong><a href=\"http:\/\/www.bdlive.co.za\/business\/technology\/2016\/02\/17\/cwele-moots-telkom-and-infraco-hook-up\" target=\"_blank\">Business Day reported<\/a><\/strong>.<\/p>\n<p>Minister of Telecommunications and Postal Services Siyabonga Cwele told Business Day that \u201cas part of a rationalisation process, Telkom and Broadband Infraco were looking at how they could co-operate on infrastructure projects\u201d.<\/p>\n<p><a href=\"http:\/\/mybroadband.co.za\/news\/broadband\/139486-broadband-infraco-begs-for-government-bailout.html\"><strong>In September last year<\/strong><\/a> Broadband Infraco has appealed to government for a bailout to continue its operations.<\/p>\n<p>The company told the parliamentary portfolio committee on posts and telecommunications that it requires an urgent cash injection of R243 million. It also wants a further R932 million in funding until 2019.<\/p>\n<p>The demand for funding has hit government which holds 74% of Broadband Infraco and has already injected R1.8 billion into the enterprise.<\/p>\n<h3 class=\"my-4\">More on Telkom and Broadband Infraco<\/h3>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/110889\/telkom-reports-big-growth-in-mobile-but-revenue-stalls\/\">Telkom reports big growth in mobile, but revenue stalls<\/a><\/strong><\/p>\n<p><a href=\"http:\/\/businesstech.co.za\/news\/broadband\/99076\/broadband-infraco-asks-for-r1-billion-from-govt\/\"><strong>Broadband Infraco begs for R1 billion govt bailout<\/strong><\/a><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/broadband\/79736\/broadband-infraco-up-for-sale\/\">Broadband Infraco up for sale?<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telkom and Broadband Infraco are in talks to collaborate and remove duplication among state owned enterprises, Business Day reported.<\/p>\n","protected":false},"author":31,"featured_media":90052,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5553,21],"tags":[25,1876,65],"class_list":["post-113001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-broadband","category-telecommunications","tag-active","tag-broadband-infraco","tag-telkom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/113001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=113001"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/113001\/revisions"}],"predecessor-version":[{"id":113005,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/113001\/revisions\/113005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/90052"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=113001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=113001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=113001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}