South African (SA) telecommunications firm Telkom reported on Tuesday a 16.4% rise in Headline Earnings Per Share (HEPS) driven by its data-led strategy.
Telkom, majority owned by the government, said its HEPS, a key profit measure, rose to 305.6 cents in the six months ended September 30, up from 191.5 cents a year earlier.
The firm’s group revenue climbed 3.4% to $1.28 billion, boosted by mobile data revenue growth of 10.3% and fibre-related data revenue growth of 12.3%.
–Reuters–
