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Broadband

Telkom Group net profit falls 19.5% to ZAR 2.9 bln

Tuesday 9 June 2015 | 11:09 CET | News
Telkom Group reported a 19.5 percent decline in its net profit to ZAR 2.9 billion for the financial year ended 31 March from ZAR 3.6 billion a year earlier. Its number of ADSL internet lines surpassed 1 million but that its total number of fixed lines fell 4.9 percent during the period from 3.62 million to 3.439 million. Net revenue increased 3.1 percent to ZAR26 billion and EBITDA rose 15.1 percent to ZAR 9 billion.

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Categories: Fixed
Companies: Telkom
Countries: South Africa
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