Telkom SA SOC Ltd (TKGJ.J)
20 Apr 2018
Tue, Apr 10 2018
NAIROBI, April 10 Telkom Kenya and Bharti Airtel's local units plan to merge some operations as a first step as Telkom plans to acquire all of Airtel's Kenyan assets, a source at the industry regulator said on Tuesday.
* PURCHASED 15.8 MILLION, 3% OF CO'S ISSUED SHARE CAPITAL AT BEGINNING OF SHARE REPURCHASE PROGRAM OF 526.9 MILLION OF OWN ORDINARY SHARES
JOHANNESBURG, Nov 10 Telkom SA, South Africa's biggest landline provider, reported a drop in half-year profits and cut its dividend on Friday, as a result of reduced spending by corporate and government customers, sending its share price sharply lower.
* HY CAPITAL EXPENDITURE TO REVENUE 3.97 MILLION RAND UP 9.2%
* REFERS SHAREHOLDERS TO MINISTER OF FINANCE'S COMMENTS WITH REGARD TO SALE OF GOVERNMENT SAS APPROXIMATE 39 PERCENT SHAREHOLDING IN TELKOM
CAPE TOWN, Oct 25 South Africa will dispose of a portion of its stake in Telkom with an option to buy it back later, Finance Minister Malusi Gigaba said in his budget speech on Wednesday.