Maseko spearheaded efforts to shift away from declining fixed-line voice services and the group is now SA’s third-largest mobile operator
Telkom group CEO Sipho Maseko, whose eight-year tenure at the helm of the group has seen it overtake Cell C to become SA’s third-largest mobile operator, will step down at the end of June 2022.
Maseko joined Telkom in April 2013 as Telkom grappled with technological changes that were pressuring its traditional fixed-line services. The mobile business in SA now has more than 15-million customers, while Vodacom, SA’s largest operator, has 44.6-million local customers. In Telkom’s year to end-March, its subscriber base had risen by over a quarter, while mobile service revenue had risen by just over a third to R16.9bn, making up almost 40% of group revenue.“I feel now is the right time for me to step aside and make way for a new leader who will take Telkom to even greater heights,” Maseko said in a statement. “I will stay on until June 2022 to ensure a smooth transition for my successor.
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