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Telkom SA SOC Ltd (JSE: TKG) | Share Price

Nigel Firth
Nigel Frith trader
Updated 24 May 2024

Telkom SA SOC Ltd is a South African wireline and wireless telecommunications company listed on the Johannesburg Stock Exchange (JSE) that operates as information and communications technology (ICT) services provider in South Africa.

Live on the JSE under the stock symbol of TKG and is available to trade via various brokers in South Africa.

What is Telkom SA SOC Ltd

Telkom SA SOC Limited is majority-privatised with it being a 39% state-owned enterprise.

The Telkom Foundation was established to bridge the digital divide, with projects including the Connected Schools programme, while FutureMakers is an enterprise and supplier development initiative that empowers digital entrepreneurs to realise their vision.

The history of Telkom SA SOC Ltd can be traced back to 1910 and it was founded as the Department of Posts and Telegraphs. Since 1991 it operates as Telkom SA SOC Ltd.

Today, Telkom SA SOC Ltd has a diversified portfolio of products and services in more sectors of the Telecommunications value chain and renders the following services: integrated communications and information technology (IT) services to residential, business, government, wholesale, and corporate customers in South Africa and internationally.

Telkom SA SOC Ltd offers mobile and fixed-line telecommunication services, including broadband, optical and carrier, broadband data, voice, content, and gaming solutions; cloud computing, unified communications and collaboration, security, big data analytics, and mobility solutions; enterprise and applications solutions, and IT managed services and infrastructure; digital and social media advertising and e-commerce services.

Telkom SA SOC Ltd’s equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol TKG.

Major shareholders are the Government of the Republic of South Africa and Telkom Treasury Stock.

Telkom SA SOC Ltd has its headquarters at 2nd Floor, The Hub, 61 Oak Avenue, Highveld, Centurion, 0157, South Africa.

Telkom SA SOC Ltd has more than 15 000 employees.

The company currently serves clients in more than 38 countries across the African continent.

The current CEO of Telkom SA SOC Ltd is Sipho Maseko.

Telkom SA SOC Ltd forms part of the Telecommunications sector, specifically, the Fixed Line Telecommunications industry of the Johannesburg Stock Exchange (JSE).

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Telkom SA SOC Ltd

Telkom SA SOC Ltd Stock Performance

The most recent or current price for Telkom SA SOC Ltd stocks on the Johannesburg Stock Exchange (JSE) was 50.20 ZAR at the time of writing.

An analysis of financial data of Telkom SA SOC Ltd showed that the company has a total market capitalisation of 25.5 Billion ZAR, with a Price/Earnings ratio of 8.46 and earnings per share of 5.8870.

A total of 511 Million shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Telkom SA SOC Ltd stocks can be hopeful for lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Telkom SA SOC Ltd, analysts forecast a possible further improved performance for the Telecommunications sector with market share growing as trading volumes increase.

Telkom-Shares

Highlights of Telkom SA SOC Ltd in 2021

Telkom SA SOC Ltd started the current financial year with a share price of 54.08 ZAR on the Johannesburg Stock Exchange (JSE), and it has lost 7.91 % in value on its price valuation, ranking 314th on the JSE with its year-to-date performance.

Telkom SA SOC Ltd is currently the 50th most-traded stock on the JSE and it has experienced a total trading volume of more than 87.7 million shares, which were finalised in 96,776 deals and were valued at a total of 4.47 billion ZAR over a recent three month period from October 2021 to January 2022, with an average of 1.39 million shares in each trading session.

During the same period a volume high of 5.58 million was achieved on November 9 and a low of 76,881 on December 24.

How to buy Telkom SA SOC Ltd stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders' participating daily. To buy, sell or trade Telkom SA SOC Ltd stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “TKG”.
  2. Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

FAQs

The Johannesburg Stock Exchange (JSE) was founded in 1887 during the first South African gold rush. Today it is the principal stock exchange of South Africa and the largest exchange on the continent.

The Johannesburg Stock Exchange is located in Sandton, Johannesburg and is described as the engine room of the South African economy, with the main purpose of facilitating the raising of primary capital for listed companies while improving job opportunities and wealth creation by providing an orderly market for dealing in securities for investors.

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Nigel Firth
Nigel Frith trader
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.