{"id":187239,"date":"2016-11-15T07:18:43","date_gmt":"2016-11-15T05:18:43","guid":{"rendered":"http:\/\/mybroadband.co.za\/news\/?p=187239"},"modified":"2016-11-15T07:21:08","modified_gmt":"2016-11-15T05:21:08","slug":"telkom-posts-big-increase-in-revenue","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/telecoms\/187239-telkom-posts-big-increase-in-revenue.html","title":{"rendered":"Telkom posts big increase in revenue"},"content":{"rendered":"<p>Telkom has released its\u00a0Group Interim Results for the six months ended 30 September 2016, which show a big increase in revenue for the company.<\/p>\n<p>Telkom CEO\u00a0Sipho Maseko said the company delivered a strong performance\u00a0in a tough economy, where &#8220;businesses continue to operate under pressure&#8221;.<\/p>\n<p>&#8220;The consolidation of Business Connexion, as well as the satisfactory performance of our\u00a0mobile business, drove revenue performance during the six months,&#8221; said Maseko.<\/p>\n<p>Maseko said customer experience remains a priority and the company has\u00a0undertaken a process redesign that will &#8220;simplify and improve&#8221; the quality of interactions with customers.<\/p>\n<p>&#8220;As part of our systems redesign programme, we\u00a0have also progressed well with the fixed and mobile convergence platform for our consumer and enterprise business.&#8221;<\/p>\n<p>Highlights from the results included:<\/p>\n<ul>\n<li>Operating revenue up 20.6% to R20.2 billion<\/li>\n<li>Net operating revenue up 3.3% to R13.8 billion.<\/li>\n<li>EBITDA increased 4.6% to R5.3 billion with an EBITDA margin of 26.1%.<\/li>\n<li>Headline earnings per share increased 19.7% to 336.0 cents.<\/li>\n<li>Capex increased 55.8% to R3.6 billion with capex to revenue of 18.0%.<\/li>\n<li>Group\u2019s net cash and cash equivalents increased to R1.8 billion supporting the interim dividend of 131 cents per share.<\/li>\n<\/ul>\n<h3 class=\"my-4\">Now read:\u00a0<a href=\"http:\/\/mybroadband.co.za\/news\/broadband\/186437-government-wont-reveal-whether-telkom-is-broadband-partner.html\">Government won\u2019t reveal whether Telkom is broadband partner<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>Telkom has released its interim results for the period ended 30 September 2016, which show a big increase in revenue for the company.<\/p>\n","protected":false},"author":23,"featured_media":146263,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[3],"tags":[36,109],"class_list":["post-187239","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-telecoms","tag-active","tag-telkom"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/187239"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=187239"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/187239\/revisions"}],"predecessor-version":[{"id":187247,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/187239\/revisions\/187247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/146263"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=187239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=187239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=187239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}