Fibre, mobile propel Telkom to R10.8bn revenue in Q1

Telkom News

Fibre, mobile propel Telkom to R10.8bn revenue in Q1
Serame TaukobongOpenserveBCX
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The company continues its positive momentum, with a 1.1% increase in group revenue for the first quarter.

Telkom has kicked off its financial year on a strong note, continuing its positive momentum with a 1.1% increase in group revenue to R10.8 billion for the first quarter.

According to the company, key growth areas include a 7.8% rise in mobile service revenue from Telkom Consumer and an 11.3% increase inGroup earnings before interest, taxes, depreciation and amortisation climbed 6.5% to R2.8 billion, driven by structural cost efficiencies and a 1.4 percentage point improvement in the EBITDA margin to 25.9%.subscribers up 27.5% to 17.2 million and a 17.5% increase in fibre-connected homes.

“We are optimising selling channels, continuously improving customer experience on our networks and providing customer-centric value with affordable and flexible offerings to seamlessly connect customers as we digitally transform South Africa.”

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