Browsing: Telkom

Telkom hikes dividend by 56%

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Telkom said on Monday that full-year earnings and the dividend both rose as South Africa’s biggest landline provider enters a new phase of growth by giving more autonomy to its four business units. Earnings per share excluding one-time items increased by

Sharp decline in Telkom fixed lines

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Telkom said on Monday that the number of fixed lines in service has fallen by 8,2% over the past year, to less than 3m, its lowest level in at least two decades, though this was offset by a 9,8% improvement in revenue per fixed access line and a strong performance in mobile

FreeMe proves a big hit for Telkom

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Telkom’s data-led FreeMe tariff plans, launched in the middle of 2016, appear to have taken the market by storm, with the company reporting service revenue growth of 38,4% from its mobile business driven by an increase in the active subscriber base, which

Cell C unveils high-usage tariff plans

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Cell C has unveiled new tariff plans called Connector aimed at heavy voice and data users. The plans offer up to 3 000 minutes of airtime to call any local network, a thousand SMSes and up to 50GB of data.

Telkom set to announce big restructuring

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elkom, taking the next step in a four-year turnaround under CEO Sipho Maseko, will overhaul its structure to spur profit and may consider offering stock in some of its units in the future. A new holding company format

Telkom cuts wholesale broadband prices

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Telkom wholesale division Openserve is cutting IP Connect prices again in a move that should ultimately lead to lower prices for fixed-line broadband users. IPC is the way in which Internet service

Telkom rockets higher on earnings

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Telkom’s share price on Friday was testing highs not seen in eight years after the telecommunications company released a positive earnings update that delighted investors. The share was last quoted at R82, just