Last 6,409
Change Today -91.00 / -1.40%
Volume 2.2M
As of 10:00 AM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

telkom sa soc ltd (TKG) Snapshot

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52 Week High
11/19/14 - $6,811
52 Week Low
11/26/13 - $2,544
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Current Stock Chart for TELKOM SA SOC LTD (TKG)

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telkom sa soc ltd (TKG) Details

Telkom SA SOC Limited provides integrated communication services to business, residential, and payphone customers in South Africa and other African countries. The company offers fixed-line retail voice services using public switched telephone network lines, including integrated services digital network lines; and sells value-added voice services and calling plans. Its voice services include local, long distance, fixed-to-mobile, fixed-to-fixed, and international outgoing calls. The company also provides interconnection services, such as terminating and transiting traffic from mobile operators and international operators, as well as transiting traffic from mobile to international destinations; and 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, it 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, the company 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, 2013, it had approximately 3.8 million telephone access lines in service and 73,400 ports connected via MSAN access. 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 (TKG) Top Compensated Officers

Chief Financial Officer and Executive Directo...
Total Annual Compensation: R4.3M
Group Chief Operating Officer and Managing Di...
Total Annual Compensation: R4.8M
Managing Director of Consumer Services and Re...
Total Annual Compensation: R3.8M
Chief of Regulatory and Corporate Affairs
Total Annual Compensation: R3.5M
Chief of Human Resources
Total Annual Compensation: R4.1M
Compensation as of Fiscal Year 2013.

telkom sa soc ltd (TKG) Key Developments

Government Reportedly To Privitize Vodacom And Telkom

Eskom Holdings SOC Limited reportedly has asked government to consider selling its stake in Vodacom Group Limited (JSE:VOD) and also stake in Telkom SA SOC Limited (JSE:TKG). Bloomberg reported that government has retained bankers to advise on disposal of 13.9% stake in Vodacom and 39% stake in Telkom. Telkom's share fell 4.9% to ZAR 49.66 on October 15, 2014, while Vodacom closed 2.8% down at ZAR 122.97. According to Business Day, Telkom declined to comment and Sinah Phochana, Spokeswoman of Telkom, did not comment on speculation. Vodafone Group Public Limited Company (LSE:VOD) said in an e-mail it was not policy to comment on market speculation. The Treasury did not deny the state was looking to sell its stake in Vodacom. Phumza Macanda, spokeswoman, said the government held interests in & many sectors of the economy& and from time to time made decisions to increase and decrease them.

Telkom Appoints Deon Fredericks as Executive Director and Chief Financial Officer

Telkom announced that Mr. Deon Fredericks has been appointed as an Executive Director and Chief Financial Officer, effective September 12, 2014. Mr. Fredericks was appointed as acting Chief Financial Officer of Telkom on October 24, 2013, following the suspension of Mr. Jacques Schindehütte.

Telkom SA SOC Limited Announces Amendment of the Memorandum of Incorporation

Telkom SA SOC Limited announced that at the AGM held on August 27, 2014, the shareholders approved amendment of the memorandum of incorporation substitution of Clause 21.29, substitution of Clause 24, insertion of Clause 35.5 and substitution of Clause 37.8.


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