• Latest

South Africa: Telkom Reports Strong Subscriber Growth And Revenue Performance

February 11, 2025
“Stronger Support Required For Community Media”, Says MDDA CEO Ahead Of Audience and Advertising Summit In Johannesburg, South Africa

“Stronger Support Required For Community Media”, Says MDDA CEO Ahead Of Audience and Advertising Summit In Johannesburg, South Africa

September 9, 2025
Experts Advise African Creatives On Content Protection Against Piracy

MultiChoice To Join Stakeholder Committee For DStv Pricing Review In Ghana

September 9, 2025
Ghana: MTN CEO Highlights Pivotal Role In Africa’s Digital Transformation

Ghana: MTN CEO Highlights Pivotal Role In Africa’s Digital Transformation

September 9, 2025
Spacetoon Teams Up For New Animated Series ‘Abir and the Little Prince’

Spacetoon Teams Up For New Animated Series ‘Abir and the Little Prince’

September 9, 2025
Red Sea Film Foundation To Take The Cannes Film Festival By Storm

Nile Entertainment In Partnership To Elevate Nollywood With ‘Son of the Soil’

September 9, 2025
Knowledge, Resources And Assets From 2025 OTT And Streaming Summit – Africa – Now Available

South Africa: MultiChoice And Canal+ Merger Promises Growth For Local Creators – Says National Body

September 8, 2025

T2 Partners With Knot Solutions For Major Overhaul Of Telecom Operations In Nigeria

September 8, 2025

Kenya Strengthens Digital Transformation Through Strategic Partnerships With France And The World Bank

September 8, 2025

Ghana: AT Ghana And Telecel Merger To Challenge MTN’s Monopoly

September 8, 2025
BBC Studios Expands Bluey’s Reach With African Language Versions

BBC Studios Expands Bluey’s Reach With African Language Versions

September 8, 2025
Knowledge, Resources And Assets From 2025 OTT And Streaming Summit – Africa – Now Available

Insights and Resources from the Broadcast & Digital Media Convention – West Africa 2025

September 8, 2025
Experts Advise African Creatives On Content Protection Against Piracy

Ghana Looking To Shut Down DStv And GOtv By September 6 Over Subscription Increase

September 5, 2025
Tuesday, September 9, 2025
Broadcast Media Africa
  • Home
  • News & Reports
    • Animation Content
    • Broadcasting
    • Broadcasting Right
    • Broadcasting Rights
    • Cinema Content
    • Connectivity
    • Content Distribution
    • Content Production
    • Content Regulation
    • Film Festival
    • Film Industry
    • Media Regulation
    • Mergers & Acquisition
    • OTT & Streaming
    • Pay-TV
    • Radio Broadcasting
    • Regulation
    • Satellite
    • Tech Features
    • Telecommunications
  • Industry Resources
    • Audio & Podcasts
    • Reports & Presentations
    • TV and Videos
  • Products & Services
    • Promo: Spotlight Service
  • Events
    • All Events
    • BMA Events
  • Join BMA Network
  • Login
Login
Join BMA Network
BMA
  • Home
  • News & Reports
    • Animation Content
    • Broadcasting
    • Broadcasting Right
    • Broadcasting Rights
    • Cinema Content
    • Connectivity
    • Content Distribution
    • Content Production
    • Content Regulation
    • Film Festival
    • Film Industry
    • Media Regulation
    • Mergers & Acquisition
    • OTT & Streaming
    • Pay-TV
    • Radio Broadcasting
    • Regulation
    • Satellite
    • Tech Features
    • Telecommunications
  • Industry Resources
    • Audio & Podcasts
    • Reports & Presentations
    • TV and Videos
  • Products & Services
    • Promo: Spotlight Service
  • Events
    • All Events
    • BMA Events
  • Join BMA Network
  • Login
Login
Join BMA Network
BMA
Join BMA Network
No Result
View All Result
Home Connectivity

South Africa: Telkom Reports Strong Subscriber Growth And Revenue Performance

February 11, 2025
Reading Time: 2 mins read
A A

Telkom has achieved remarkable growth in mobile subscribers, increasing by 21.6% to reach a record 24 million in the third quarter, supported by a 17.3% rise in mobile data subscribers. This increase was highlighted in the company’s financial and operational results for the third quarter ending December 31, showcasing its data-led strategy’s effectiveness.

The results revealed a solid data revenue performance, accompanied by substantial growth in earnings before interest, taxes, depreciation, and amortisation (EBITDA), alongside gains in subscriber numbers and network expansion. For the quarter, Telkom’s revenue rose 0.9% year-on-year to US$590 million, driven primarily by robust demand for data-focused services.

Mobile service revenue climbed 9.6% to US$292 million, outperforming the wider South African mobile market. Additionally, fixed data and information technology service revenues increased by 4.7% and 3.2%, respectively, with year-to-date revenue totalling US$1.7 billion, marking a 1.6% increase.

A significant highlight was the surge in group EBITDA, which soared by 28% to US$157 million, leading to an expansion of EBITDA margins by 5.8 percentage points to 27.2%. Adjusted year-to-date EBITDA was reported at US$465 million, reflecting a margin of 26.5%.

Telkom also highlighted that its operational performance and proceeds from property disposals ensured a healthy balance sheet, resulting in a 2.7% reduction in interest-bearing debt since September 2024.

“These results demonstrate that our execution strategy is yielding profitable growth,” stated Serame Taukobong, CEO of Telkom. “We’re encouraged by the momentum across our business units and remain confident in achieving our medium-term growth targets. Our commitment to investing in infrastructure, networks, and digital services plays a crucial role.”

The consumer division experienced strong performance driven by value-added services and enhanced mobile data offerings, with the prepaid segment growing by 25% to 21 million subscribers. The postpaid subscriber base remained stable while showing improved average revenue per user.

While BCX showed consistent performance, it faced a 9.7% revenue decline to US$157 million due to a strategic pivot from lower-margin hardware and software sales. The planned disposal of Swiftnet continues, with regulatory approvals secured, aiming for completion by the end of the 2025 financial year.

“Telkom is on a promising path towards becoming a leading digital enabler, with a solid operational backbone, ongoing network investments, and a focus on data connectivity,” the company stated. “We anticipate sustained progress in the final quarter of FY2025 and beyond. The strategic Swiftnet disposal, in conjunction with cost optimisation and prudent capital spending, strengthens Telkom’s robust financial position and long-term growth potential.”

Share Tweet Post Email
Tags: ARPUConnectivityTelkom
Share196Tweet123
Previous Post

Nigeria And Sweden Sign Agreement To Boost Connectivity

Next Post

The Scary Reason Healthy People Die After an ER Visit

Publisher
-
Benjamin Pius
Publisher
-
Benjamin Pius

 About us

Our goal is always to keep industry stakeholders abreast of opportunities in technology and service innovations that are and will shape Africa’s broadcasting and media industry via quality news, information, intelligence and insight .

 Contact us

+44 (0) 207 712 1526
info@broadcastingandmedia.com
BSP Communications Limited
Level 37, One Canada Square
Canary Wharf
London, E14 5AB, United Kingdom

No Result
View All Result
  • Home
  • News & Reports
    • Animation Content
    • Broadcasting
    • Broadcasting Right
    • Broadcasting Rights
    • Cinema Content
    • Connectivity
    • Content Distribution
    • Content Production
    • Content Regulation
    • Film Festival
    • Film Industry
    • Media Regulation
    • Mergers & Acquisition
    • OTT & Streaming
    • Pay-TV
    • Radio Broadcasting
    • Regulation
    • Satellite
    • Tech Features
    • Telecommunications
  • Industry Resources
    • Audio & Podcasts
    • Reports & Presentations
    • TV and Videos
  • Products & Services
    • Promo: Spotlight Service
  • Events
    • All Events
    • BMA Events
  • Join BMA Network
  • Login
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.