Telkom outlines its restructuring process

Telkom has issued a statement outlining its version of the restructuring process currently underway. “Telkom would like to place on record the facts surrounding its restructuring process to dismiss allegations by labour unions regarding the process and criteria under...
Telkom delivers fibre to SA homes

Telkom delivers fibre to SA homes

Telkom has announced plans to roll out Fibre to the Home (FTTH) connectivity to more than 20 South African suburbs before the end of 2014. It will also deliver high speed home LTE connectivity to other suburbs across the country. Speaking at the company’s annual...

Telkom stabilises revenue, increases profit

Telkom has reported a profit after tax from continuing operations of R1,577-billion for the year ended 31 March 2014. This excludes the net curtailment gain in respect of the post-retirement medical aid liability and related tax benefit, which is a 5,6% increase from...

Telkom, BCX transaction on hold

The proposed acquisition of Business Connexion (BCX) by Telkom has been put on hold following the death of BCX CEO Benjamin Mophatlane. The two companies have issued the following joint statement: “The BCX announcement released this morning on the Stock Exchange News...

New trading statement from Telkom

Telkom SA has issued a trading statement informing shareholders that earnings per share will be higher than last year. On 18 March, the company issued a trading statement advising shareholders that results to be reported on for the year ended 31 March 2014 would be at...