Monday, 11 June 2007

Telkom up over 4 pct on expectations for Vodacom

(Reuters) - Shares in South African fixed-line operator Telkom rose over 4 percent to touch a record high on Monday as investors expected good results from mobile operator Vodacom, in which the group owns a 50 percent stake.

Telkom releases its annual earnings on Wednesday, which is also when the mobile operator said it would provide details of its annual performance.


Read more at Reuters Africa

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