Telkom’s mobile strategy pays off with 75% surge in subscribers
But margins have been squeezed by switching customers over to new technologies
12 November 2019 - 09:27
UPDATED 12 November 2019 - 13:33
SA’s biggest fixed-line operator, Telkom says it may review its dividend payout policy as it ramps up spending on its mobile phone network.
Telkom is focusing heavily on a strategy to take on bigger established rivals MTN, Vodacom and Cell C. This paid off in the six months to end-September when its mobile subscriber base surged 75% to 11.5-million...
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