The Minister of Communications and Digital Technologies, Mr Solly Malatsi, welcomes the annual financial results released by Telkom SOC Limited for the financial year ended 31 March 2026.
As a JSE-listed telecommunications company in which the Government of South Africa holds a 40.5% shareholding, Telkom remains an important strategic asset within the country's digital ecosystem and a significant contributor to economic activity.
The results reflect continued progress in the implementation of Telkom's strategy and demonstrate the value of disciplined execution, operational efficiency, and a sustained focus on areas of growth.
The Minister congratulates the Telkom Board, led by Chairperson Mr Geoffrey Qhena, the executive leadership team under Group Chief Executive Officer Mr Serame Taukobong, and all employees on this performance.
The Group reported revenue growth to R44.5 billion and continued expansion of its data-led business, with mobile subscribers increasing to 25 million customers. These developments underscore the growing importance of digital connectivity and data services in South Africa's economy.
The company's financial position has enabled the Board to increase its dividend payout ratio and declare an ordinary dividend of 270 cents per share, representing an increase of 65.7% on the previous year.
As a shareholder, the South African government will receive approximately R559 million in dividend income, up from R540 million in the previous financial year. This income contributes to the resources available to support the state's broader developmental priorities and public service delivery commitments.
Telkom's extensive fixed and wireless infrastructure continues to play an important role in expanding connectivity and supporting South Africa's digital transformation objectives. Its national fibre backbone, metropolitan networks, and wireless access platforms form part of the critical infrastructure that enables economic participation, innovation, and access to digital services.
The Minister looks forward to Telkom continuing to build on this performance while contributing to a more connected, inclusive, and competitive digital economy for South Africa.
Enquiries:
DCDT Media Officer
Ms Tlangelani Manganyi
Cell: 060 886 4670
E-mail: tmanganyi@dcdt.gov.za
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