The original article can be found here.
Article highlights:
- Telkom’s share price fell by more than 3% after the company reported a revenue decline and pressure on its profit margins.
- In a trading statement, the company said discussions about a possible takeover by MTN “are at an early stage and still in progress”.
- For the three months to end-June, Telkom’s revenue declined by 3% to R10.3 billion compared to the previous year.
