Telkom SA SOC Ltd GCEO and GCFO Analyst call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Preshendran M. Odayar - Nedbank Corporate and Investment Bank, Research Division - Analyst : Firstly, congratulations on the good results. I've got 3 questions, if I may. I'll start with the first one on the balance sheet. So I don't know if you can share with us some color on what the impact will be on the handset financing, how that will affect your net debt. And if you can give us some color, post paying the voluntary severance and all the other matters that you've done post year-end, where is net debt sitting at now? And what are you expecting it to be at the interim? And then 2 other questions I've got is on the Phase 2 of the headcount restructuring, I mean, can you share with us any potential figures of what that may run into? And then the third thing is on the Multi-Links issue, you mentioned that you've made a partial payment already to SARS, and I think it was ZAR 300 million. I just want to know if you can give us some color on what is still -- I know you've provided for it in prior periods, but what could be the potential cash outlay for that for the rest of the year?

Question: Preshendran M. Odayar - Nedbank Corporate and Investment Bank, Research Division - Analyst : Comforting to know that the net debt number going into interim is still going to be contained within that 1x range. Cheers.

Question: Ziyad Joosub - Nedbank Corporate and Investment Bank, Research Division - Analyst : Just one question, please, on BCX. In your booklet, you mentioned that there were marginal improvements in the public sector. If you could just give a bit more color on that and how you see those evolving? And then also to the lockdown, on the private sector side in BCX, if you could possibly give us an indication of how is demand evolving in the private sector for BCX over the past 2 months.