Telkom in black and red

Hanno Labuschagne

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Telkom in black and red

Telkom’s latest financial results show that the company is struggling in the fixed and business segments, while its mobile operations are doing well.

Telkom’s interim results for the six months ending 30 September 2020 show that its revenue declined by 0.4% to R21.4 billion.

This decline in revenue was mainly a result of the poor performance of its fixed and information technology units.
 
A lot more red than black in those numbers.
Lekka BEE.
 
Sipho Maseko is doing a brilliant job transitioning Telkom from a fixed line business into the digital age.
Pity his staff lets him down on service levels.
And that Vodacom roaming arrangement just messed up the quality of the mobile network.
But you can clearly see which direction the man is steering the company
 
It's not surprising that their fixed line side of things are tanking when they steal their own copper and force their client base to move over to LTE. Also, **** Telkom!
 
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