Key facts
- Telkom is undertaking a network overhaul.
- The company aims to improve its balance sheet.
- Shareholders are expected to be rewarded as part of the strategy.
Telkom's Chief Financial Officer, Nonkululeko Dlamini, has detailed the company's strategic direction, emphasizing a significant network overhaul. This initiative is intrinsically linked to the group's broader objective of strengthening its balance sheet. Dlamini highlighted that these efforts are also designed to ultimately reward shareholders. The company is prioritizing financial health as a means to deliver value to its investors through these operational and financial improvements.