Telkom SA SOC Ltd traded at 5,700.00 this Friday May 15th, decreasing 190.00 or 3.23 percent since the previous trading session. Looking back, over the last four weeks, Telkom SOC lost 3.52 percent. Over the last 12 months, its price rose by 49.02 percent. Looking ahead, we forecast Telkom SA SOC Ltd to be priced at 5,756.90 by the end of this quarter and at 5,275.32 in one year, according to Trading Economics global macro models projections and analysts expectations.
Telkom SA SOC Limited (Telkom) is engaged in supplying telecommunication, multimedia, technology, information and other related information technology services to the group customers, as well as mobile communication services, in Africa. The Company operates in two segments: Telkom, which provides fixed-line access, fixed-line usage, data communications services, mobile voice services and handset sales, and BCX, which provides business solutions based on information and communications technology and runs information communication technology (ICT) systems and manages products, services and solutions. The Other segment represents Trudon (Pty) Ltd, Swiftnet (Pty) Ltd and other non-trading entities. It serves sectors, which include retail and health, public sector, financial services, industry and mining. Telkom Retail's products include Internet and broadband, landlines and mobile solutions. Its customers can choose to converge fixed-line and mobile solutions in a single service.