Sipho Maseko. Picture: FINANCIAL MAIL
Sipho Maseko. Picture: FINANCIAL MAIL

Telecoms provider Telkom released its interim results on Tuesday, reporting a 3.3% decline in headline earnings per share (HEPS) largely driven by costs related to the company’s early retirement and voluntary severance packages.

Revenue, however, is up 5.2%, boosted by the group’s mobile business unit, where revenue increased close to 54% due to a 50% surge in users .

Telkom CEO Sipho Maseko joined Business Day TV to discuss the results.

Telkom CEO Sipho Maseko talks to Business Day TV about the telecoms company’s interim results