New HIV survey: 'Prevention seems to be taking a back seat'
New Ford Puma finally arrives in SA - 'pricey, but worth it'
KZN officials condemn former TV anchor, spokesperson Jeffrey Zikhali's murder
ANC wants more lenient sentence for 6 EFF MPs punished for SONA disruption
DA fights Presidency over its hiding of Ministers' performance reviews from SA
DA dismayed political parties rejected motion to dissolve Joburg council
National Treasury avails R47bn to get hamstrung Transnet back on track
SA companies see MASSIVE benefits in four-day work week trial
Eskom ready to snuff our festive gees, despite promises by Ramokgopa - analyst
Game time: Behind the scenes with SA stars of new reality show Sports Wives
What SPF should you use to protect your skin? Answer: 'The highest you can get'
Struggling with low libido? Tips and tricks to get you back in the mood
Renowned football agent Mike Makaab on tough decisions and what he has learnt
[PREVIEW] What to expect of this weekend’s Carling Cup knockout semi-finals
Siya Kolisi heartbroken since bromance with Bokkie, Etzebeth is long-distance
Dutch King awards Trevor Noah with the prestigious 2023 Erasmus Prize
Bey-hive! ‘Renaissance: A Film by Beyonce’ opens at Ster-Kinekor TODAY
COP28: how bad climate change is already and what we need to do to tackle it
COP28: How 7 policies could help save a billion lives by 2100
History will judge Henry Kissinger's southern African interventions as a failure
Rwandan troops in Mozambique are successfully protecting civilians
Renewal of AGOA (which gives exports duty-free access to US) not a done deal
Kenyan school beatings lead to death of at least 20 pupils
When stores charge payment reminder fees - are they justified?
MANDY WIENER: We do have good stories to tell, just not that one, Mr President
'ANC classifies nobody according to race!' - Dr Wesley Seale (ANC Western Cape)
We can punch with both hands: Telkom well-placed against competitors says CEO
Bruce Whitfield interviews Serame Taukobong, Group CEO of Telkom.
Telkom says it's showing steady progress in the strategy to position itself as "the leading digital infrastructure company at the heart of South Africa's digital future".
Posting its results for the half-year ended 30 September 2023, Telkom reported an improved financial performance.
RELATED: Telkom reports R10bn loss, but doesn't need 'knight in shining armour'
Group revenue increased by 2.5% to R21.8 billion.
Headline earnings per share (HEPS) were up 46.7% to 195.0 cents, while basic earnings per share (EPS)jumped more than 50% to 200.2 cents.
Bruce Whitfield interviews Group CEO Serame Taukobong, with a specific focus on what the future holds for the part-state owned, listed company.
While Telkom has declined offers of mergers and takeovers from rivals - so far, it is close to selling its towers business and looking for strategic partnerships for its Openserve and BCX subsidiaries, Whitfield remarks.
RELATED: Telkom takeover: What's stalling Sipho Maseko's bid for the telecoms company?
How does Taukobong see the future of the Group, in the face of fierce competition?
Market consolidation is a reality. We see it happening globally, but we feel quite strongly that... Telkom can stand quite solidly on its own and deliver the positive results we're announcing today.
Serame Taukobong, Group CEO - Telkom
I think it's very important for us to realise what the infra-call entity talks to. We've got close to 170 000 kms of fibre, we've got ten data centres... close to 7 400 base stations in Telkom mobile, so in essence if you look at the high data demand of what this country requires, we are steered to really deliver on that.
Serame Taukobong, Group CEO - Telkom
If you look at our data compared to competitors, in our mobile base 80% of our customers are data users; we're seeing good increase in the footprint of fibre connectivity... so we can punch with both hands.
Serame Taukobong, Group CEO - Telkom
Scroll up to hear more from the Telkom Group CEO
This article first appeared on CapeTalk : We can punch with both hands: Telkom well-placed against competitors says CEO
Copyright : More from Business
National Treasury avails R47bn to get hamstrung Transnet back on track
Eskom ready to snuff our festive gees, despite promises by Ramokgopa - analyst
A dark December awaits us as Eskom predicts consistent rolling blackouts.
Read More
Additional generation capacity plan in the offing, hints Electricity Minister
Personal finance rules you MUST stick to, and those it's ok to break (sometimes)
Attempted insurance fraud rampant, R1 billion's worth prevented just in 2022
Hard times for Spar, but a lot of the tough decisions now taken says new CEO
'We have not been transparent' – Transnet CEO addresses latest controversies
More from Local
New HIV survey: 'Prevention seems to be taking a back seat'
South Africa has the highest number of HIV cases in the world.
Read More
KZN officials condemn former TV anchor, spokesperson Jeffrey Zikhali's murder
What SPF should you use to protect your skin? Answer: 'The highest you can get'
Eyewitness News bags two awards at 2023 Vodacom Journalist of the Year ceremony
How Shein is affecting local businesses
Shein has become a major player in the retail landscape, but at a major cost to local companies.
Read More
Highlights