Telkom CEO Sipho Maseko said the company is looking at becoming a solutions and content provider, instead of just providing connectivity.<\/p>\n
In an interview with Business Times, Maseko said they are planning to get the rights to broadcast sporting events like Premier Soccer League matches.<\/p>\n
The change in business model will allow the company to generate additional revenue from its current fixed-line connectivity business.<\/p>\n
He said the bigger plan is that future Telkom customers will get one bill for all their voice, connectivity, and entertainment needs.<\/p>\n
Part of Telkom\u2019s strategy is also to increase its capacity in the IT services market. To achieve this, it is acquiring Business Connection.<\/p>\n
The Competition Tribunal recently approved<\/a><\/strong> its acquisition of Business Connexion (BCX), which will then delist from the JSE.<\/p>\n \u201cWe are very pleased that the Competition Tribunal has approved this acquisition, which will benefit both Telkom and BCX customers,\u201d said Maseko.<\/p>\n He said that Telkom will now be able to grow beyond its core business of connectivity by expanding into ICT services, while reinforcing its connectivity offering.<\/p>\n The full report is available in the Business Times of 9 August 2015.<\/em><\/p>\nMore on Telkom<\/h3>\n