Johannesburg - Telkom [JSE:TKG] shares drop nearly 3% after the struggling fixed line operator says full-year headline earnings per share are likely to fall by at least 20%.
Telkom is down 2.9% at R14.25, compared with a 0.52% rise in the JSE's All Share [JSE:J203] index.
The full-year results will be published on or around June 14, with the company planning to release an updated trading statement closer to the date.