Group revenue grew within guidance and advanced by 3.9% year-on-year, driven by demand for next-generation network offerings.
Telkom achieved strong quarterly financial results for the three months ended 30 June in “weak economic conditions and a challenging trading environment”.
“Our mobile subscribers advanced by 14.6% and surpassed the 21 million mark, with a stable prepaid average revenue per user and postpaid base, while homes connected with fibre grew by strong double digits, at 19.5% YOY.” It points out that the overall performance was on the back of a data-centric approach stemming from the mobile business and the expansion of fibre offerings.Mobile business revenue growth was propelled by a 9.5% increase in external mobile service revenue to R4.9 billion, with total external revenue increasing by 5.3% to R5.7 billion.
It explains this growth was bolstered by a 15.1% increase in mobile broadband subscribers, to 13.5 million . “Capital expenditure allowed for enhanced capacity and coverage across our network of 7 778 base stations, underscoring our commitment to expand and strengthen mobile network infrastructure.”Openserve’s NGN products and services maintained their upward trajectory, showing continued growth, with fixed data NGN revenue increasing by 7.1% YOY, says the firm.
Serame Taukobong Telkom Consumer Mo’Nice Openserve Next-Generation Network Telkom Mobile Subscribers
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