Telkom announced revenue of R41 billion on Monday, boosted by a 47% jump in mobile revenue.
The group reported a 19.25% decrease in profits after tax to R3.158 billion, mainly due to an increase in taxation expenses.
It also reported headline earnings per share of 597 cents, and a dividend of 355 cents per share.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
We have about 800 000 LTE subscribers… We’ve been able to create a new broadband market…— Sipho Maseko, Telkom Group
It’s going to be about price, and network capacity…— Sipho Maseko, Telkom Group
We’ve managed the decline in the old… you’ll see the acceleration of this migration…— Sipho Maseko, Telkom Group
The new entrants will change the game…— Sipho Maseko, Telkom Group
For the very first time, the new revenue streams are contributing more than the old revenue streams…— Sipho Maseko, Telkom Group
We don’t replace copper when thieves steal it…— Sipho Maseko, Telkom Group
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