Browsing: Telkom

The number of fixed lines in service at Telkom has continued to decline, falling by a sharp 9.3% in the 2018 financial year to just 2.68m at the end of March 2018, from 2.95m a year ago. That’s the lowest it’s been in decades

Telkom had a tough 2018 financial year, with group revenue flat compared to 2017 and headline earnings per share sinking by 18.4%. Mobile services were a highlight, while pressure on the fixed-line business and IT services

Telkom’s headline and basic earnings per share will decline by between 15% and 25% for the year ended 31 March 2018 as a result of an increased tax bill and higher employee costs, the partially state-owned

Between 1999 and 2004, Telkom’s monopoly of access to crucial international bandwidth and high-speed ADSL lines meant the company could freely charge Internet service providers excessive fees. And they did. Inevitably, this

Telkom’s wholesale division, Openserve, has introduced a speedier fibre-to-the-home (FTTH) broadband plan offering 200Mbit/s download speeds to consumers. Previously, the company’s fastest FTTH

Telkom has raised R1bn in its first debt issue of the year as South Africa’s biggest landline provider looks to invest in its network and take on rivals including MTN Group and Vodacom Group. After a five-year hiatus, Telkom started