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Telkom seeks to make its SA businesses work
Business Day reports that while Telkom's mobile operations 8.ta had cost the company about R2 billion and its fixed-line market was shrinking, Telkom is now considering buying companies in the information and communications technology arena to bolster its operations.
![Telkom seeks to make its SA businesses work](https://biz-file.com/c/1111/88399.jpg)
Telkom chief executive Nombulelo Moholi announced that the company's profits dropped by 36% for the six months to September, as analysts had predicted. Moholi says it is imperative that Telkom moves into select adjacent markets to grow revenue streams.
For more:
- Business Day: Ailing Telkom sets sights on ICT firms
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