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27 February 2013

Telkom trains 350 entrepreneurs

Telkom Foundation today launched its Entrepreneurship Programme aimed at up-skilling young business-minded individuals to start and grow their businesses.

The programme will be starting with Gauteng, Free State and the Northern Cape this year. It is envisaged that similar initiatives will occur in other provinces.

The Foundation partnered with Continuing Education at the University of Pretoria to implement the entrepreneurship training programme for 350 youth and women delegates. Candidates have been selected from databases of various government agencies and other organizations working with entrepreneurs and aspiring entrepreneurs.

The training programme is aimed at different levels with varying criteria. The Telkom Foundation funding accommodates 100 unemployed youth graduates in Gauteng to receive Entrepreneurship Development training and mentorship; 100 unemployed youth with no businesses in the Northern Cape to receive Business Start-Up training and mentorship; 100 small business owners in the Free State to receive Basic Entrepreneurship training and mentorship; and 50 business women in Gauteng to be trained and mentored within the Women Entrepreneurship Development Programme.

The training duration for the different programmes ranges from 5-10 days, and mentorship, which is support given to candidates after training, ranges from 30-50 days.

Telkom Foundation Head Sarah Mthintso says fighting unemployment is the broad aim Telkom Foundation adopts when it supports small business development initiatives. It especially focuses on helping to eradicate unemployment of youth, graduates, and women.

"Entrepreneurship is an important vehicle towards job creation and it is for this reason that the foundation is investing in empowering entrepreneurs and aspiring entrepreneurs with the requisite skills and knowledge needed to venture into this area," says Mthintso.

The training programme is well researched and is set to make a meaningful, sustainable impact for the candidates.

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.