Lower rate saves Telkom
30 April 2015 - 10:02
Telkom expects its full-year earnings to rise by between 40% and 60%, mainly due to cost savings achieved after the industry regulator lowered mobile termination rates last year. The company said yesterday that normalised headline earnings per share for the year to the end of March would be between 155c and 232c higher than for the previous comparable period.The reduction of mobile termination rates resulted in savings of R743-million, Telkom said. ..
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