Telkom 9-months revenue up

Telkom, South Africa’s leading landline operator, said on Monday group revenue for the nine months ended December 31 ticked up 0.9% driven by a strong growth of 40.7% in mobile service revenue.

Group revenue rose to R32.4 billion ($2.18 billion) from R32.1 billion previously in the comparable period, the country’s third biggest mobile service provider said in a statement.

INSIDERGOLD

Subscribe for full access to all our share and unit trust data tools, our award-winning articles, and support quality journalism in the process.

Source: moneyweb.co.za