Telkom revenue declining

[rpm]

Telkom revenue falling

Telkom today unveiled their latest financial results, revealing a sharp decline in revenue

 

[Necksy]

Did telkom already unveiled the results or this article is just speculations?

 

[blaaislaai]

They still made alot of profit

 

[BTTB]

They still made alot of profit

..and pay out healthy dividends to their shareholders. However in order to maintain that dividend they will need to cut costs elsewhere. With the media reports out about retrenching more staff I would assume the cost cutting has begun.

Imagine how many jobs could have been kept had Telkom not wasted all those Billions in Nigeria and other places.

 

[Sodan]

“Competition, pricing pressures and regulatory intervention and incompetence and severe lack of common sense have all had an impact on our revenue."

There, fixed.

 

[grok]

Simple. You are too expensive and people have other, less expensive options now. Improve your products, drop your prices & get rid of the ridiculous double phone line rental to attract more subscribers.