Thursday, June 14, 2007

Telkom bounces 4 pct as market digests results

(Reuters) - Shares in South African fixed line operator Telkom recovered on Thursday, climbing by more than 4 percent as the market favourably digested the group's annual results and a possible divestment.

On Wednesday, Africa's biggest telecoms company posted a one percent decline in annual headline earnings per share, dented by a hike in operating expenses, sending its shares 1.93 percent lower.


Read more at Reuters Africa

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