Telkom's market cap plummeted from R37 billion in June 2019 to R19 billion in May 2025

[mylesillidge]

The South African telecoms company that lost R18 billion

The market capitalisation of partially state-owned telecoms company Telkom has dropped by nearly R18 billion in the past six years, after reaching R37.21 billion in June 2019.

The company's market cap as of 19 May 2025 was R19.42 billion. Before reaching R37.21 billion in June 2019, its previous half-year high was R36.97 billion in June 2007.

 

[Smiggles]

Fantastic news.

 

[Pegging]

Your market cap table would be more helpful if you accounted for the unbundlings.

 

[Swa]

The partially state-owned company’s decision to sell its Vodacom stake was an unmitigated financial disaster.

Vodacom may actually be the next telco in distress.