Telkom’s share price tumbles as lower revenue spooks investors
14 June 2022 - 08:55
UPDATED 14 June 2022 - 23:17
Telkom saw about R2bn wiped off its market value as investors were spooked by an outflow of cash and weaker growth than expected in its mobile business.
The company’s share price fell the most in seven months on Tuesday, closing at its lowest level in about 16 months...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.