Telkom posts Q1 growth as next-generation offerings take off

JSE-listed Telkom has reported growth in the first quarter of 2024, with group earnings before interest, tax, depreciation and amortisation (Ebitda) up 24.1% to R2.78-billion. In a trading update issued to shareholders on Monday, the group outlined revenue growth of 3.9% to R10.91-billion, driven by growth in demand for its next-generation offerings, for the quarter ended June 30.