Despite investing heavily in growing its mobile subscriber base, Telkom has been losing market share against Vodacom and MTN over the last five years.It enjoyed a government-protected monopoly on fixed-line services, and its 50% stake in Vodacom made it a big mobile player.
Over the past thirteen years, Telkom has spent R25 billion on its mobile network but is still far from competing effectively against Vodacom and MTN. Add to that a big decline in fixed-line voice revenue and an ageing copper network, and it is understandable that Telkom is not a favourite among investors.revealed that telecommunication revenue exceeded R200 billion in 2021.
Despite significantly growing its mobile revenue and subscriber base, it is still losing market share against Vodacom and MTN in South Africa.
I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Ruthhermoso_ on Twitter She guides me through and i made a return of R155,000 after a week of trading, connect with her
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Toto offers R7bn for government’s Telkom stakeThe investment firm made an offer for the 40.5% stake in the country’s third-largest mobile phone company This is a nonsensical offer. The intrinsic value in open serve alone is valued way more than this. They should go back to the drawing board.
Source: BDliveSA - 🏆 12. / 63 Read more »
Toto bids R7bn for government's 40.5% stake in TelkomThe government has received an unsolicited bid for its 40.5% stake in Telkom after an announcement that MTN is planning to acquire part of the company. What does it mean? Now the caders going to eat for a a while.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Source: eNCA - 🏆 49. / 51 Read more »
Toto bids R7bn for government's 40.5% stake in TelkomThe government has received an unsolicited bid for its 40.5% stake in Telkom after an announcement that MTN is planning to acquire part of the company.
Source: SundayTimesZA - 🏆 47. / 51 Read more »
Toto offers R7bn for government’s Telkom stakeThe investment firm made an offer for the 40.5% stake in the country’s third-largest mobile phone company Becoming a great person in life do take time but time awaits you so get started with _JamesAlderson He's actually the best in the stock market. A highly recommended broker
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: News24 - 🏆 4. / 80 Read more »