A good week for ...

Confounding critics, Telkom added 4.5-million mobile subscribers in the year to March 2019. It’s nowhere near Vodacom or MTN, but Telkom’s mobile service revenue was up 58% as active subscribers grew to 9.7-million. Other highlights of the provisional results presented by CEO Sipho Maseko: operating revenue up 5.3% to R41.8bn; headline EPS up 22.6% to R7.22; earnings before interest, taxation, depreciation and amortisation up 8.5% to R11.3bn; prepaid subscribers up 109% to 7.8-million. The share lifted. Cell C beware.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now