Telkom reports performance increase

JOHANNESBURG - Telkom shares were up today after the country’s third-largest mobile operator reported a pick-up in performance for its first quarter to end June.

But Telkom continues to feel the pressure from load-shedding.

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Group revenue was up 3.8% in the period to the end of June.

Although its core profit fell 4.2%.

Telkom Mobile secured a 7% increase in subscribers in the period.