Africazine:
Telkom’s third-quarter results highlight a robust demand for data services in South Africa.
The telecommunications group reported a nearly 10 percent increase in data revenue, which now constitutes around 60 percent of its total revenue. Mobile data surged by almost 13 percent, and fibre data also saw significant growth.
Telkom’s Data Revenue Growth in Q3
Telkom’s strong performance in the third quarter is attributed to rising demand for data services. The company has successfully optimized costs while maintaining solid service demand. This strategy has led to an increase in mobile subscribers, which have now surpassed 25 million.
Furthermore, earnings before interest, tax, depreciation, and amortisation rose by more than 8 percent. This growth underscores Telkom’s effective data-led strategy, positioning the company favorably for future opportunities.
South Africa: Key figures on Data Revenue
- Data revenue climbed nearly 10 percent
- Mobile data up almost 13 percent
- Fibre data also growing
- Mobile subscribers topped 25 million
- Earnings before interest, tax, depreciation and amortisation rose more than 8 percent
Future Outlook for Telkom
Telkom’s data-led strategy is expected to continue driving growth. The company is focused on leveraging its strong position in the data market to enhance its service offerings. As demand for data services remains high, Telkom aims to capitalize on this trend moving forward.
Next Steps for Telkom
- Continue optimizing costs
- Expand data service offerings
- Enhance customer experience
Telkom's strong third-quarter performance reflects the growing demand for data services in South Africa.
