SIPHO Maseko is Telkom CEO.BUSINESS DAY TV: Telkom says its turnaround strategy is complete and it’s now ready for growth. Reporting full-year numbers today, the telecoms player announced net revenue up 4% to R28bn, normalised headline earnings per share came in 15.5% stronger and it’s upped its dividend 10% to 270 cents. CEO Sipho Maseko joins us now on News Leader.Sipho, so it’s been three years of reprioritisation, and amidst all of that fixed-line numbers have seen the biggest decline since Telkom’s listing in 2003, but mobile has been breaking even on a monthly basis since the fourth quarter, whittling away at losses as well. Where does that leave your focus now as you position yourself for growth?SIPHO MASEKO: Actually, on both.So, firstly, our mobile business has done remarkably well. Three years ago our annualised loss was about R2bn and now we’ve effectively broken even. They are a lot more cash-positive, they’re no longer sucking cash out of the business, they’re growing t...
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