Trade of the Month: Telkom SA vs MTN Group

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South Africa Headlines News

Profits can be made in the telecom sector — if investors watch key technical levels

In the years before widespread smartphone adoption, the share price compound annual growth rates of the telecommunication companies were nothing to get excited about.

Ironically, the red telcos player is the only one on the JSE that has had a green share-price CAGR from 2010 until the start of 2020. Over that period it managed a CAGR of 7.3% while MTN was at -2.2% and Telkom -0.3%...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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