Mobile revenue gives Telkom a boost
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Telkom released its full-year results today, group revenue is flat while revenue from mobile services surged 47%, headline earnings per share is down over 18%, profit after tax fell over 19%, the annual dividend is down over 16% to R3.55. The company has indicated that it will explore new generation revenue streams with the key focus capex areas being mobile and data. Sipho Maseko, CEO of Telkom joined Business Day TV for a closer look at the detail behind the numbers.