Telkom to merge Business unit with BCX

10 Jun 2016

South African operator Telkom is planning to merge its Telkom Business unit into IT services group Business Connexion (BCX), which it acquired last year for ZAR2.7 billion (USD180.5 million). Telkom CEO Sipho Maseko said that the merger will create one go-to-market brand and avoid the creation of parallel organisations and the duplication of resources. The executive added: ‘Large enterprise customers are looking for one place for all of their solutions. It is important for us to begin to reshape market demand … BCX will be positioned as Telkom’s “premium end-to-end digital partner … It made sense to accelerate all of the enterprise [businesses] under one roof to get the right coherent strategy, one accountable person to deliver, and to create a new culture.’

South Africa, Telkom South Africa