Telkom Resumes Dividend Payout as Earnings Jump - TechCentral
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Telecom news: UMS, Telkom South Africa, Telekom Malaysia, Maxis, CelcomDigi, U Mobile - TelecomLead
Today’s telecom news includes announcements on UMS, Telkom South Africa, Telekom Malaysia, Maxis, CelcomDigi, U Mobile, and YTL Communications. Kazakhstan mobile network Uzbekistan Opens Telecom Market: UMS Up for Full Privatisation Uzbekistan has begun the full privatisation of mobile operator Universal Mobile Systems (UMS), also branded as Mobiuz. The government plans to sell 100 percent of the company’s equity to domestic or international inv…
Telkom posts record R7 billion profit, resumes dividend after four-year hiatus
Telkom has returned to paying dividends after the group declared over R7 billion in profit, including a special dividend following the sale of Swiftnet. Serame Taukobong, Telkom’s Group CEO, said the company’s strategic vision is yielding exceptional results. The group also completed the sale of its tower business, Swiftnet, to a consortium of buyers for R6.5 billion during the financial year. Although the group data revenue remained strong, a …
The South African telecommunications company Telkom announced on Tuesday, June 10, the resumption of dividend payments to its shareholders, after two years of suspension. This decision comes in the context of a sharp increase in the company's financial performance, with a net increase in profit for the year ended March 2025. Propelled by a significant reduction in its costs, an improvement in operational efficiency and strong performance in the …
Telkom has paid a dividend for the first time since the 2021 financial year after the sale of Swiftnet brought in billions.
South Africa's Telkom records 62.3% earnings surge, resumes dividend payments
Telkom, South Africa’s telecommunications provider, has announced a 62.3% surge in full-year earnings for the financial year ended March 31, 2025, marking a significant milestone in its ongoing turnaround strategy. The JSE-listed company also resumed dividend payments after a four-year suspension, declaring a final dividend of 163 cents per share and a special dividend of 98 cents per share, totalling R1.3 billion (approximately 72 million) in s…
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