Serame Taukobong, the CEO of Telkom. Picture: Simphiwe Mbokazi
Telkom’s financial resilience gives it the capacity to absorb shocks while continuing to invest in a global environment that is shaped by geopolitical instability, inflationary uncertainty, and ongoing energy and supply chain risks, the chairman Mvuleni Geoffrey Qhena said.
“The 2026 financial year results speak to this resilience, financial strength, and high-performance culture. Telkom delivered an improved EBITDA (earnings before interest, tax, depreciation, and amortisation), margin of 28.1%, higher free cash flow of R3.1 billion, and robust leverage at 0.5 times net debt to EBITDA gives the group the capacity to absorb shocks while continuing to invest responsibly,” he said in the annual report distributed Friday.
Equally important had been protecting customers and network availability, and the board had overseen sustained investment in energy resilience and network optimisation while encouraging cost discipline, he said.
The group’s data-led strategy and network modernisation were aimed at ensuring the group captures the rapid growth in AI adoption in the market while delivering margin expansion.













