Shares in fixed-line operator Telkom soared more than 7% during the course of the day as the group reported a strong full-year performance to end-March, boosted by continued demand for and growth of its next-generation offerings such as data.

The group’s “data-led strategy delivered ahead of industry trends as we grew mobile service revenue by 6.8% and surpassed 20-million mobile subscribers”, the company said in a statement on Tuesday...

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