Telkom suffers R10bn loss amid impairments, warns it won’t pay dividends next year either

The original article can be found here.

Article highlights:

  • Telkom suffered a R10 billion loss over the past year, hit by restructuring costs, impairments as well as load shedding.
  • Its total market value is now less than R16 billion on the JSE.
  • The group’s legacy and fixed-line business remain under pressure.