Telkom’s Operational Struggles: Increasing Net Debt Amidst Declining Legacy Revenues and Fixed Lines
Despite presenting a set of annual results that appeared more optimistic last week, Telkom, the South African telecommunications giant, is still grappling with significant financial challenges. The company’s net debt has continued its upward trajectory, now surpassing the R16.9 billion mark. In a bid to manage its financial situation, Telkom has made a considerable reduction … Continue reading Telkom’s Operational Struggles: Increasing Net Debt Amidst Declining Legacy Revenues and Fixed Lines
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