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6 July 2011

Telkom receives BMF's "Progressive Company of the Year" Award

Telkom was recently awarded the Black Management Forum's Progressive Company of the Year Award in recognition of the strides the Company has taken in its latest broad-based black economic empowerment (BBBEE).

Independently verified, in January this year, by the National Empowerment Rating Agency Telkom was certified as a Level 4 contributor to BBBEE, with Value Added Supplier status allowing customers and partners to recognise 110% of their procurement spend for BBBEE with Telkom. This achievement is a marked progression of the company's 2007 BBBEE scorecard rating as a Level 6 contributor.

The most recent verification saw Telkom achieve a rating of 100% for enterprise development and socio-economic development. The Company also achieved a high 98.4% score for preferential procurement.

"These scores are indicative of the trailblazing work performed by Telkom in areas such as empowering our Black suppliers, improving the lives of communities in which we operate, job creation and enhancing the skills of our employees," said Charmaine Houvet, Group Executive: Corporate Affairs.

Added to this Telkom featured prominently in the 2011 Financial Mail Top Empowered Companies Survey. Overall, the Company ranked 54th out of 100 and ranked seventh out of 10 among ICT participants.

"Telkom understands that it has not reached its destination in terms of the transformation journey, but we are not resting on our laurels. The company will continue to engage all stakeholders to constantly address transformation issues across all seven elements of the BBBEE scorecard," concluded Ms Houvet.

For further enquiries, please contact:

Pynee Chetty

Senior Specialist: Media Relations

Group Communication

Tel:+27 12 642 1716

Mobile: +27 81 389 7874

Email: chettpr2@telkom.co.za

 OR

Leigh-Ann Francis

Specialist: Media Relations

Group Communication

Tel: +27 12 642 1728

Mobile: +27 81 391 4780

Email: francilm@telkom.co.za

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ABOUT TELKOM:

Telkom is a leading communications services provider in South Africa. We had consolidated operating revenue of R16.8 billion and normalised profit after tax of R1, 683 million for the period ended 30 September 2015. Total assets amounted to R41.9 billion and equity attributable to the owners of Telkom to R23.5 billion as of 30 September 2015. The group generated normalised free cash flow of R1.4 billion for the period ended 30 September 2015.

As of 30 September 2015, we had approximately 3.3 million telephone access lines in service and 1,030,441 ports connected via MSAN access. We offer business, residential and payphone customers a wide range of services and products, including:

  • fixed-line retail voice services using PSTN (Public Switched Telephone Network) lines, including ISDN (Integrated Services Digital Network) lines, and the sale of subscription based value-added voice services and calling plans;
  • fixed-line customer premises equipment rental and sales services both voice and data needs and these include PABX, Computers, Routers, Modems, Telephone handsets and other ancillary equipment;
  • interconnection services, including terminating and transiting traffic from South African mobile operators, as well as from international operators and transiting traffic from mobile to international destinations;
  • fixed-line data services, including domestic and international data transmission services, such as point-to-point leased lines, ADSL (Asymmetrical Digital Subscriber Line) services, packet-based services, managed data networking services and internet access and related information technology services;
  • Data Centre Operations includes e-commerce, application service provider, hosting, data storage, e-mail and security services;
  • W-CDMA (Wideband Code Division Multiple Access), a 3G next generation network, including fixed voice services, data services and nomadic voice services;
  • mobile communication services, including voice services, data services and handset sales through our mobile navbar-brand called Telkom Mobile;
  •  information and communication services including cloud services, infrastructure services, workspace services, global service integration management and hardware and network equipment sales locally, in seven African countries, the UK and Dubai through Business Connexion Group; and
  • other services including directory services, through Trudon (Pty) Ltd, wireless data services, through Swiftnet (Pty) Ltd.

Convergence is one of our key strategic initiatives in building a sustainable future for Telkom.  We will lead the provision of converged services in South Africa in support of our mission statement: Seamlessly connecting people to a better life.