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Telkom SA SOC Ltd (TKGJ.J)

TKGJ.J on Johannesburg Stock Exchange

8,262.00ZAc
22 Aug 2019
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Latest Key Developments (Source: Significant Developments)

S.Africa's Competition Commission Recommends GSK-Pfizer Consumer Health Deal With Conditions
Tuesday, 2 Jul 2019 

July 2 (Reuters) - S.AFRICA'S COMPETITION COMMISSION::S.AFRICA'S COMPETITION COMMISSION- RECOMMENDED THAT PROPOSED MERGER, WHEREBY MPLC INTENDS TO ACQUIRE MONDI GROUP, BE APPROVED, WITH CONDITIONS.S.AFRICA'S COMPETITION COMMISSION- HAS RECOMMENDED THAT PROPOSED MERGER, WHEREBY TELKOM INTENDS TO ACQUIRE TRUDON, BE APPROVED, WITHOUT CONDITIONS.S. AFRICA'S COMPETITION COMMISSION - RECOMMENDED PROPOSED MERGER WITH CONDITIONS, WHEREBY GSK CH INTENDS TO ACQUIRE PFIZER CH.  Full Article

Telkom's FY HEPS Up 22.6%, Cuts 13 Pct Of Permanent Jobs Towards End Of Year
Monday, 27 May 2019 

May 27 (Reuters) - Telkom SA SOC Ltd ::GROUP PROVISIONAL ANNUAL RESULTS FOR THE YEAR ENDED 31 MARCH 2019.FY HEPS UP 22.6% TO 722.4 CENTS.FY OPERATING REVENUE UP 5.3% TO 41.77 BILLION RAND.IN FY FINAL ORDINARY DIVIDEND OF 249 CENTS TAKING ANNUAL DIVIDEND TO 362 CENTS.FY GROUP REVENUE INCREASED 5.3 PERCENT MAINLY DRIVEN BY A 58.3 PERCENT INCREASE IN MOBILE SERVICE REVENUE.IN FY OPERATING EXPENSES DECLINING 1.4 PERCENT DUE TO A 12.5 PERCENT DECLINE IN HEADCOUNT SUPPORTED BY STAFF OPTIMISATION PROCESS.TOWARDS END OF YEAR, REDUCED PERMANENT EMPLOYEE NUMBERS BY 13.4 PERCENT TO 5,782; EXPECT SAVINGS TO COME THROUGH IN NEXT FY.LOOKING FORWARD, EXPECT TO ACCELERATE MIGRATION OF CUSTOMERS TO NEXT-GENERATION TECHNOLOGIES IN LINE WITH STRATEGY.WILL CONTINUE TO MANAGE DECLINE IN TRADITIONAL REVENUE BY PROACTIVELY MIGRATING CUSTOMERS FROM TRADITIONAL TO NEW GENERATION REVENUE."MINDFUL" OF MIGRATION FROM TRADITIONAL TO NEW REVENUE STREAMS AT LOWER MARGINS WITH INCREASED COST, SO EMBARKING ON COST MANAGEMENT PROGRAM.  Full Article

Sun International Appoints TELKOM SA's Jabu Mabuza Chairman
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Sun International Ltd ::JSE: SUI - RETIREMENT OF CHAIRMAN AND APPOINTMENT OF NEW CHAIRMAN.SUN INTERNATIONAL LTD - VALLI MOOSA, CURRENT CHAIRMAN OF SUN INTERNATIONAL HAS DECIDED TO RETIRE.SUN INTERNATIONAL LTD - JABU MABUZA WILL BE APPOINTED AS NEW NON-EXECUTIVE CHAIRMAN OF SUN INTERNATIONAL.SUN INTERNATIONAL - JABU CURRENTLY SERVES AS CHAIRMAN OF TELKOM SA SOC, ESKOM SOC AND AB INBEV.  Full Article

Telkom Of South Africa Mulls Making Another Bid For Cell C - Bloomberg
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - :TELKOM OF SOUTH AFRICA MULLS MAKING ANOTHER BID FOR CELL C - BLOOMBERG, CITING SOURCES.  Full Article

Telkom SA SOC HY Adj HEPS Of 328.6 Cents
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Telkom SA SOC Ltd ::HY OPERATING REVENUE UP 5.2% TO R20 847 MILLION.HY HEADLINE EARNINGS PER SHARE 288.0 CENTS.HY ADJUSTED HEPS 328.6 CENTS.HY NET OPERATING REVENUE UP 4.0% TO R16 386 MILLION.HY MOBILE SERVICE REVENUE UP 53.8 PERCENT TO R3,579 MILLION.NEW CALL TERMINATION RATE GLIDE PATH WILL FURTHER PUT MARGINS UNDER PRESSURE.EMBARKING ON VARIOUS INITIATIVES TO MANAGE COSTS OVER GUIDANCE PERIOD TO MAINTAIN OVERALL MARGINS.BOARD DECLARED AN INTERIM GROSS ORDINARY DIVIDEND 23 OF 112.14144 CENTS PER SHARE.LOOKING TO DECOMMISSION COMPONENTS OF NETWORK AS CO MIGRATES CUSTOMERS FROM COPPER, RETIRE IT SYSTEMS, OPTIMISE STAFF.COMMITTED TO CONTAINING COSTS AND MAINTAINING MARGINS ACCORDING TO MEDIUM-TERM GUIDANCE.  Full Article

Telkom SA SOC Appoints Tsholofelo Molefe As Chief Financial Officer
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Telkom SA SOC Ltd ::TSHOLOFELO MOLEFE APPOINTED BY TELKOM BOARD AS ITS CHIEF FINANCIAL OFFICER ("CFO") AND EXECUTIVE DIRECTOR, EFFECTIVE 01 JULY 2018.DEON FREDERICKS WILL STEP DOWN AS CFO AND DIRECTOR WITH EFFECT FROM 30 JUNE 2018 TO TAKE ON RESPONSIBILITY OF CHIEF INVESTMENT OFFICER.  Full Article

Telkom SA FY Reported HEPS Expected To Decrease Between 15-25 Pct When Compared To Prior Year
Friday, 18 May 2018 

May 18 (Reuters) - Telkom SA SOC Ltd ::FY REPORTED HEPS AND BASIC EARNINGS PER SHARE (BEPS) ARE EXPECTED TO DECREASE BETWEEN 15% AND 25% WHEN COMPARED TO PRIOR YEAR.SEES FY REPORTED HEPS BETWEEN 611.1 - 541.1 CENTS.  Full Article

Telkom SA Repurchases 15.8 Mln Shares Worth 756.8 Mln Rand Cum Dividend
Monday, 19 Feb 2018 

Feb 19 (Reuters) - Telkom Sa Soc Ltd ::PURCHASED 15.8 MILLION, 3% OF CO'S ISSUED SHARE CAPITAL AT BEGINNING OF SHARE REPURCHASE PROGRAM OF 526.9 MILLION OF OWN ORDINARY SHARES​.‍DATES OF REPURCHASE OF SECURITIES BETWEEN 15 NOVEMBER 2017 AND 16 FEBRUARY 2018​.‍NET EFFECT FROM GENERAL REPURCHASE​ CASH OUTFLOW OF 751.04 MILLION RAND EXCLUDING COST, 4.9 MILLION SHARES PURCHASED CUM DIVIDEND OF 118 CENTS PER SHARE.‍GENERAL REPURCHASE WAS FUNDED FROM COMPANY'S AVAILABLE CASH RESOURCES​.  Full Article

Telkom SA HY HEPS falls 7.4 pct to 303.9 cents
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Telkom Sa Soc Ltd :HY ‍OPERATING REVENUE 20.109 MILLION RAND DOWN 0.6%​.‍HY EBITDA 5.20 MILLION DOWN 1.9%​.HY ‍CAPITAL EXPENDITURE TO REVENUE 3.97 MILLION RAND UP 9.2%​.‍HY HEPS 303.9 CENTS DOWN 7.4%​.HY ‍MOBILE SERVICE REVENUE 2.28 MILLION RAND UP 43.2%​.‍INTERIM DIVIDEND DECREASED 9.9 PERCENT TO 118.1 CENTS PER SHARE​.  Full Article

Telkom SA SOC Ltd refers Government's intention to dispose of Telkom shares​
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - TELKOM SA SOC LTD ::‍GOVERNMENT'S INTENTION TO DISPOSE OF TELKOM SHARES​.REFERS ‍SHAREHOLDERS TO MINISTER OF FINANCE'S COMMENTS WITH REGARD TO SALE OF GOVERNMENT SAS APPROXIMATE 39 PERCENT SHAREHOLDING IN TELKOM​.SAYS ‍TELKOM IS NOT AWARE OF ANY FURTHER DETAILS AND WILL ADVISE SHAREHOLDERS ONCE FURTHER DETAILS BECOME AVAILABLE.  Full Article

UPDATE 2-Ramaphosa: S.Africa must not let economy be held back by US-China trade war

JOHANNESBURG, July 5 President Cyril Ramaphosa said on Friday that South Africa cannot allow its economy to be held back by the U.S.-China trade war.