"Telkom has found its stride"

[Daniel Puchert]

Telkom turnaround is for real

Sanlam Investments portfolio manager Roy Mutooni says Telkom has found its stride and is expected to report high free cash flow generation in the short to medium term.

Mutooni explained that they took a sceptical approach following Telkom’s recent annual financial results announcement and still came away convinced that the company’s rebound was sustainable.