Telkom's major shareholders

Daniel Puchert

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Big guns betting on Telkom

Although the South African government owns most of Telkom, nine private investment firms comprise the rest of the company's shareholders, with 15% based outside the country.

In its latest integrated report for the year ending 31 March 2024, Telkom revealed the composition of its shareholders, their geographic location, and investment style.
 
Mupita believes four mobile players are unsustainable in the South African market.
On the contrary 4 isn't enough. Where he's wrong is in thinking every operator has to cover the whole population. That is unrealistic especially for the smaller ones. What Rain has shown is that you can have more operators that focus on specific areas or geographic locations. This is the model we should have followed with Cell C and Telkom and then license more such operators.
 
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