Just how badly does Telkom need a cash infusion from the consortium of investors led by former CEO Sipho Maseko? A quick look at the partly state-owned telecom operator reveals it is in a tight spot.
Telkom is scrambling for cash to make up for the skyrocketing cost of doing business in a load-shedding environment in which competition is fierce, sales are sluggish and debt-laden consumers are struggling to pay their phone bills. ..
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.