Telkom warns of lower FY headline earnings

Thursday 30 April 2015 | 13:24 CET | News
South African fixed line operator Telkom reported that basic earnings for the full year ended 31 March will be between 10 percent and 30 percent lower, and headline earnings will be 20 percent to 40 percent lower. Telkom said that its severance packages will cost the company approximately ZAR 591 million, making a significant impact on its full-year earnings.

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: Fixed
Companies: Telkom
Countries: South Africa
::: add a comment

Add comment

Please login or register to leave a 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.


Telkom plans to split ops into retail, wholesale, enterprise

Published 09 Jun 2015 11:08 CET | South Africa
South Africa's Telkom plans to separate its business along clearer lines into retail, wholesale and enterprise focus areas in the ...

Telkom launches SmartOffice data deals

Published 05 May 2015 09:08 CET | South Africa
South Africa's Telkom has launched a new set of products aimed at businesses, called 'SmartOffice' packages. SmartOffice services ...

South Africa's Telkom cuts wholesale prices by up to 63%

Published 24 Apr 2015 08:15 CET | South Africa
South Africa's Telkom Wholesale Services has announced price reductions of up to 63 percent across its product range, including ...

Telkom to make staff transfers as unions fail to agree deal

Published 23 Mar 2015 11:28 CET | South Africa
South Africa's Telkom says it will proceed with the automatic transfer of staff from its call centre, supply chain and IT ...

Telkom mulls mobile money service

Published 18 Feb 2015 10:42 CET | South Africa
South Africa's Telkom Mobile is considering the inclusion of a mobile money service as part of its consumer offering, which ...

MTN eyes majority stake in Telkom - report

Published 12 Feb 2015 20:46 CET | South Africa
South Africa's MTN is exploring the potential acquisition of a majority stake in Telkom to increase its ability to compete ...