Telkom shares top R30 on strong data demand

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Telkom shares top R30 on strong data demand
Telkom
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Telkom shares touched R30 for the first time since April after its latest results showed it is making good headway in fibre broadband and data-led mobile services.

R30 for the first time since April after the JSE-listed telecommunications operator published interim financial results that show it is making headway in fibre broadband and data-led mobile services.

Group revenue was up marginally to R21.4-billion, while mobile service revenue saw a more robust growth of 10% Group revenue was marginally up to R21.4-billion, while mobile service revenue saw a more robust growth of 10%, both helped by the continued strong demand for value-compelling data propositions, the company said in a statement.

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TechCentral /  🏆 8. in ZA

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