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Telkom Shares Surge 120% Amid Successful Transformation to Digital Infrastructure

STRATEGIC MINERALS

Telkom, South Africa's oldest telecommunications provider, has transformed from a struggling copper-focused company to a digital infrastructure firm, resulting in a 120% share price increase since July 2024. Under CEO Serame Taukobong, Telkom reported a 3.4% revenue rise to R22.1 billion for the six months ending September 2025, driven by mobile and fibre data revenue growth. The company resumed dividend payments after a four-year hiatus, declaring a total return of approximately 98% on a R1,000 investment over one year.

Telkom Shares Surge 120% Amid Successful Transformation to Digital Infrastructure
Feb 5, 2026, 6:12 AM

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