Telkom FY results up as mobile turns first profit

Monday 5 June 2017 | 11:33 CET | News
South African operator Telkom's net revenue increased by 7.9 percent to ZAR 31.9 billion for the year ending 31 March, boosted by the full consolidation of BCX and a solid performance from the mobile business. EBITDA was flat at ZAR 10.9 billion, with a margin of 26.7 percent, in line with the operator's outlook. The mobile business contributed EBITDA of ZAR 660 million, its first profit after four years of losses. Headline earnings per share (HEPS) increased 12.4 percent to ZAR 7.31, and Telkom raised its annual dividend by 56.3 percent to ZAR 4.22 per share.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Telkom
Countries: South Africa
::: add a comment
This article is part of dossier


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


BCX invests ZAR 50 mln in data science academy

Published 14 Sep 2017 09:22 CET | South Africa
Telkom's IT services business BCX, formerly Business Connexion, has invested ZAR 50 million in a data science training academy, ...

Telkom matches LTE post-paid with prepaid offer

Published 21 Jul 2017 11:31 CET | South Africa
South African operator Telkom is matching the pre-paid and post-paid prices for its LTE SmartBroadband Wireless products, which ...

Telkom communication chief joins MTN South Africa - report

Published 28 Jun 2017 09:21 CET | South Africa
Jacqui O'Sullivan has resigned from the partially state-owned Telkom, where she has served as managing executive of group ...

Telkom plans to split business units

Published 02 Jun 2017 09:39 CET | South Africa
South African operator Telkom plans to split the company into four separate business units, giving each greater autonomy, ...

Telkom raises line rental fees from 01 April

Published 28 Mar 2017 11:27 CET | South Africa
South African operator Telkom will charge residential consumers 5.3 percent more per month to lease a phone line, reports ...

Telkom CCO set to retire

Published 02 Mar 2017 11:18 CET | South Africa
South African operator Telkom's Chief Commercial Officer, Brian Armstrong is retiring at the end of the company's financial year. ...

Telkom launches FreeMe for families

Published 27 Feb 2017 13:41 CET | South Africa
Telkom South Africa said that FreeMe product, which allows customers to choose how much data they want and with free calls and ...

Telkom gives BCX ZAR 1 bln cash injection

Published 22 Dec 2016 10:33 CET | South Africa
South African operator Telkom announced that it's given ZAR 1 billion in financial assistance to its subsidiary Business ...

Telkom H1 EBITDA rises 5% to ZAR 5 bln

Published 15 Nov 2016 10:06 CET | South Africa
Telkom Group reported a 5 percent increase in its EBITDA to ZAR 5 billion for the first six months ending 30 September with an ...

Calendar   /   Industry Events

22 Sep BIG 5G Event
23 Sep Submarine Networks Wold 2020
23 Sep China SDN/NFV/AI Conference
23 Sep Samsung Galaxy Unpacked event
28 Sep Open Networking & Edge Summit
28 Sep The Edge Event
29 Sep Micron Technology fiscal Q4
29 Sep Tech & Politics Forum by FT-ETNO
29 Sep VMworld
29 Sep ConnecTechAsia
::: More Calendar Items