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Last €3.81 EUR
Change Today +0.037 / 0.98%
Volume 85.0
TZL1 On Other Exchanges
As of 3:43 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

telkom sa soc ltd (TZL1) Snapshot

Previous Close
Day High
Day Low
52 Week High
03/4/15 - €6.58
52 Week Low
09/22/14 - €3.18
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Average Volume 10 Days
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Current Stock Chart for TELKOM SA SOC LTD (TZL1)

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telkom sa soc ltd (TZL1) Details

Telkom SA SOC Limited provides telecommunication services to wholesale, business, residential, and payphone customers primarily in South Africa. The company offers fixed-line retail voice services using public switched telephone network lines, which include integrated services digital network lines; value-added voice services and calling plans; and interconnection services, such as terminating and transiting traffic from South African and international mobile operators, as well as transiting traffic from mobile to international destinations. It also provides fixed-line data services that comprise 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 data center services, which include e-commerce, application service provider, hosting, data storage, e-mail, and security services; wideband code division multiple access services, including fixed voice, data, and nomadic voice services; and mobile communication services consisting of voice services, data services, and handset sales under the Telkom Mobile brand name. Further, it is involved in the rental and sale of fixed-line customer premises equipment for voice and data needs that consists of PABX, computers, routers, modems, telephone handsets, and other ancillary equipment; and provision of directory, wireless data, and Internet services. As of March 31, 2015, it had approximately 3.4 million telephone access lines in service; 964,196 ports connected via MSAN access; and 2,186,774 active mobile subscribers, as well as 1,005,286 broadband 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 Centurion, South Africa.

18,441 Employees
Last Reported Date: 07/27/15
Founded in 1991

telkom sa soc ltd (TZL1) Top Compensated Officers

Group Chief Executive Officer and Executive D...
Total Annual Compensation: R12.3M
Chief Financial Officer and Executive Directo...
Total Annual Compensation: R7.5M
Group Chief Operating Officer and Director
Total Annual Compensation: R7.7M
Chief Procurement Officer
Total Annual Compensation: R6.4M
Chief Risk Officer
Total Annual Compensation: R4.4M
Compensation as of Fiscal Year 2015.

telkom sa soc ltd (TZL1) Key Developments

Telkom SA Seeks Acquisitions

Telkom SA SOC Limited (JSE:TKG) is eyeing acquisitions to expand its mobile business.

South Africa's Competition Commission Opposes Deal between MTN and Telkom South Africa

MTN and Telkom South Africa have abandoned their planned mobile network partnership after the Competition Commission opposed the deal. The two companies had been negotiating a deal that would have seen MTN acquire certain radio access network assets from Telkom and take over the financial and operational management of the latter's mobile infrastructure. The companies also planned to establish bilateral roaming. The aim was to help both operators compete more aggressively with Vodacom. The Commission found that the proposed transaction is likely to substantially prevent or lessen competition in the mobile services market. The commission announced, adding that the tie-up would give MTN an unfair advantage, while hampering Telkom's ability to compete. The commission announced the deal is likely to entrench a duopolistic market structure dominated by Vodacom and MTN. Telkom and MTN have agreed not to proceed with the transaction, as they wish to avoid a protracted tribunal hearing.

Telkom Interested In Acquiring Cell C

Telkom SA SOC Limited (JSE:TKG) has expressed interest in acquiring Cell C (Pty) Ltd, according to Telkom's Chief Executive Officer Sipho Maseko. Maseko noted that Telkom would purchase Cell C at the right price. Cell C's biggest shareholder Oger Telecom Limited had stated in March 2015 that it was seeking a sale of its 75% stake.


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