After two years under its new management‚ Telkom on Monday boasted of an impressive turnaround‚ the newspaper reported.
It declared a dividend for the first time since 2011‚ of 245c‚ and said it was looking at fine-tuning the business into three units to focus on residential users‚ corporate customers and infrastructure wholesale.
The reorganisation will remove complexity‚ increase efficiency and boost revenue.
Telkom’s acquisition of Business Connexion‚ which is awaiting approval from the Competition Tribunal after a recommendation from the Competition Commission that it be approved with conditions‚ will prop up its enterprise unit‚ enabling it to offer more services to businesses.
Telkom pays dividend as turnaround takes root
After two years under its new management‚ Telkom on Monday boasted of an impressive turnaround‚ the newspaper reported.
It declared a dividend for the first time since 2011‚ of 245c‚ and said it was looking at fine-tuning the business into three units to focus on residential users‚ corporate customers and infrastructure wholesale.
The reorganisation will remove complexity‚ increase efficiency and boost revenue.
Telkom’s acquisition of Business Connexion‚ which is awaiting approval from the Competition Tribunal after a recommendation from the Competition Commission that it be approved with conditions‚ will prop up its enterprise unit‚ enabling it to offer more services to businesses.
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