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telkom sa soc ltd-spon adr (TLKGY) Snapshot

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52 Week High
12/1/14 - $25.26
52 Week Low
02/3/14 - $10.59
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Current Stock Chart for TELKOM SA SOC LTD-SPON ADR (TLKGY)

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telkom sa soc ltd-spon adr (TLKGY) Details

Telkom SA SOC Limited provides telecommunication services to wholesale, business, residential, and payphone customers in South Africa and other African countries. The company offers a wide range of voice and data services and products. Its provides fixed-line retail voice services using public switched telephone network lines, including integrated services digital network lines; value-added voice services and calling plans; and interconnection services, such as terminating and transiting traffic from mobile operators and international operators, as well as transiting traffic from mobile to international destinations. The company also offers fixed-line data services comprising data transmission services, such as point-to-point leased lines, asymmetrical digital subscriber line services, packet-based services, managed data networking services, and Internet access and related information technology services. In addition, the company offers wideband code division multiple access services, including fixed voice, data, and nomadic voice; mobile communication services consisting of voice services, data services, and handset sales under the Telkom Mobile brand name; and data centre services, such as e-commerce, application service provider, hosting, data storage, e-mail, and security services. Further, it is involved in the rental and sale of fixed-line customer premises equipment for voice and data needs that consist of PABX, computers, routers, modems, telephone handsets, and other ancillary equipment; and provision of directory services, wireless data services, and Internet services. As of March 31, 2014, it had approximately 3.6 million telephone access lines in service; and 475,144 ports activated via MSAN access, as well as 1,803,675 active mobile subscribers. The company was formerly known as Telkom SA Limited and changed its name to Telkom SA SOC Limited in October 2012. Telkom SA SOC Limited was founded in 1991 and is headquartered in Pretoria, South Africa.

19,572 Employees
Last Reported Date: 11/17/14
Founded in 1991

telkom sa soc ltd-spon adr (TLKGY) Top Compensated Officers

Group Chief Executive Officer and Executive D...
Total Annual Compensation: R11.7M
Chief Financial Officer and Executive Directo...
Total Annual Compensation: R5.4M
Group Chief Operating Officer and Managing Di...
Total Annual Compensation: R7.0M
Chief Risk Officer
Total Annual Compensation: R4.3M
Managing Director of Consumer Services and Re...
Total Annual Compensation: R3.8M
Compensation as of Fiscal Year 2014.

telkom sa soc ltd-spon adr (TLKGY) Key Developments

Telkom SA SOC Limited Unveils LTE-A Network in Five New South African Suburbs

Telkom SA SOC Limited has unveiled new LTE-Advanced, or LTE-A, network in five more suburbs in South Africa. These are: Illovo and Melrose in Gauteng, Sea Point and Three Anchor Bay in Cape Town, and Umhlanga in KwaZulu-Natal. These suburbs now have access to peak internet connectivity, with speeds of up to 150 Mbps.

Telkom SA SOC Limited Announces Executive Changes

Telkom SA SOC Limited announced the following changes to the board of directors of the company: Appointment of non-executive directors: The following individuals have been appointed as non-directors of the company with immediate effect: Mr. Graham Dempster; Ms. Thembisa Dingaan; Ms. Nunu Ntshingila; and Mr. Rex Tomlinson. Mr. Dempster is the Chief Operating Officer of Nedbank Limited and has been an executive director of Nedbank since August 2009. Thembisa is Director of Companies and is currently a member of the board of directors of the Development Bank of Southern Africa, where she has the additional responsibility of serving as a member of the Audit, Risk and Finance Committee as well as the chair of the Credit and Investment Committee. In addition, she is a member of the boards of Mustek Limited (since February 2009), Imperial Holdings Limited (since November 2009), Sumitomo Rubber South Africa (Proprietary) Limited (since May 2011). Nunu was appointed Chairman of Ogilvy in 2012, a position she still holds. She has served as a director on the Boards of Old Mutual, the V and A Waterfront and Transnet. Mr. was until recently the Lead Independent director at Kelly Group Limited. He is currently the Lead Independent director at Tsogo Sun and also serves as Chairman of three unlisted companies. The company also announced that Dr. Clive Fynn has resigned as a non-executive director of Telkom with immediate effect.

Telkom SA SOC Limited Reports Earnings Results for the Six Months Ended September 30, 2014

Telkom SA SOC Limited reported earnings results for the six months ended September 30, 2014. For the period, group EBITDA, excluding one-off items, increased by 12.1% to ZAR 4.4 billion. Net revenue was stable at ZAR 13.3 billion, which is a 1.6% increase against the prior comparable period. Headline earnings per share excluding one-off items increased 14.9% to 261.7 cents. Net debt to EBITDA remains low at 0.1x.


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