Telkom share price tanks after lower profit forecast

[rpm]

Telkom share price tanks after lower profit forecast

Telkom’s share price plummeted today after the company announced that it expects its headline earnings per share to fall by at least 25% more

[MickeyD]

Not unexpected.... but still not good, at all.

[ponder]

Telkoms upper management is kinda short sighted if you ask me, kinda old school. With the existing infrastructure they have at their disposal they should be making a killing. Their product basket is way to big and they need to trim it down to services generating revenue.