Telkom will soon have a new name. CEO Sipho Maseko is leading a major restructuring at the partly state-owned company that will result in Telkom becoming the consumer-facing retail telecommunications brand sitting under a new, Remgro-style corporate centre.
Under that corporate centre which will have a new legal name, still to be determined will be at least five subsidiary businesses in fields as wide-ranging as wholesale telecoms and property asset management.
Its part of an ambitious plan by Maseko to unlock further shareholder value at the telecoms group, whose share price has already climbed more than fivefold on his watch. He took the reins on 1 April 2013 under a reconstituted board, led by chairman Jabu Ma…
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