Telkom appoints former Samsung Africa CEO Sung Hyuck Yoon to its board

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Telkom appoints former Samsung Africa CEO Sung Hyuck Yoon to its board
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Sung Hyuck Yoon has experience in turning around troubled firms

SA’s third-largest mobile phone operator Telkom has appointed former Samung Africa CEO Sung Hyuck Yoon to its board as a non-executive director.

“He is an expert in tailoring global strategies to suit the needs of each market, and possesses hands-on technical knowledge across numerous product categories,” the mobile operator said. Telkom has underperformed its JSE listed peers so far in 2022, and in March announced it was delaying the The partially state-owned telecom operator has been working on a plan to release billions of rand trapped in its sprawling structure, which includes properties, masts and towers, IT company Business Connexion and internet fibre operator Openserve.

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