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24 April 2017 07:22 (South Africa)

Telkom profit plummets 92%

  • Andy Rice
    andy rice
    Andy Rice

    Andy Rice is a founding partner of Yellowwood Future Architects, a marketing strategy consultancy. In his other lives, he is the southern hemisphere's only supporter of Cambridge United Football Club, and was once upon a time the South African National Spoofing Champion. He has played football at Wembley and cricket at Lord's within the same weekend, but troubled the scorer on neither occasion. Things could only go up from here.

Telkom has posted a 92% decline in profit in the the year to 31 March. Headline earnings a share were 46.8c the, compared with R61.05 the previous year. Telkom's sale of its stake in Vodacom and its purchase of an interest in Nigerian operator Multi-Links have both had a negative effect on Telkom's earnings. Read more: Times Live

  • Andy Rice
    andy rice
    Andy Rice

    Andy Rice is a founding partner of Yellowwood Future Architects, a marketing strategy consultancy. In his other lives, he is the southern hemisphere's only supporter of Cambridge United Football Club, and was once upon a time the South African National Spoofing Champion. He has played football at Wembley and cricket at Lord's within the same weekend, but troubled the scorer on neither occasion. Things could only go up from here.

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