Openserve CEO
Openserve Splits From Telkom South Africa
Image sourced from MoneyWeb.com. South African wholesale network infrastructure provider Openserve has officially split from its parent Telkom Group today, according to an announcement from Telkom. As part of its Q1 SENS announcement, Telkom Group says that it has approved the legal and structural separation of Openserve. The ISP will split from its parent effective 1 September 2022. Highlighting the decision, Serame Taukobong, Telkom Group CEO says, “We have been on a journey to transform and unlock value in the Group by separating the operating businesses to become standalone entities, which started with BCX and subsequently Gyro, which now operate as separate legal entities wholly owned by Telkom SOC.” “Openserve follows suit as a wholly owned subsidiary of the Telkom Group, which will ...
3 Things Affecting Internet Connectivity in South Africa
Loadshedding, cable theft and vandalism not only disrupts the supply of electricity and internet connectivity in households but also has a significant effect on the economy. Criminals steal infrastructure such as copper cables and electrical equipment to make easy money and with each incident, thousands of homes are left without electricity for many hours or days. Businesses that have no access to generators have to close and unfortunately lose money as they cannot operate during that period. Many small businesses have become heavily reliant on the internet to be able to conduct their business operations due to the COVID-19 pandemic, a disruption to internet connectivity due to cable theft and vandalism can place such businesses at a disadvantage. “Copper line theft has a significant impac...
