Jun 18, 2013
Telkom’s group CEO has promised to take bold action to improve the organisation’s performance. On Friday Telkom SA reported its 2013 annual results with an increase in profit after tax, excluding a R12-billion impairment, of R501-million from R179-million in the prior...
Jun 11, 2013
Following a review by the board, Telkom has decided to impair the carrying value of its assets by R12-billion. After the impairment, the net asset value (NAV) per share will be around R34. “We are committed to transforming Telkom’s financial performance,”...
Jun 10, 2013
Telkom has issued an apology to customers for an unplanned ADSL interruption on Friday. The company states that on Friday, 7 June at 15:30, its performed scheduled planned maintenance work to add new IP addresses to the ADSL network. The type of planned maintenance...
Jun 5, 2013
Telkom’s board of directors is considering impairing the carrying value of the group’s legacy network. For considerable time, the price at which Telkom shares have been trading has been significantly lower than their net asset value (NAV). At the last reporting date,...
May 14, 2013
Dr Miriam Altman has been appointed as Telkom’s head of strategy, with effect from 1 June 2013. Dr Altman will support the development and execution of Telkom’s strategy and will report directly to group CEO Sipho Maseko. Dr Altman was an executive director at the...
