Telkom said its results were impacted by the poor performance of BCX. However, it said its mobile data and Openserve businesses were strong operational drivers in the first quarter of 2025/26.
Telkom has released a trading update for the first quarter of 2025/26, revealing strong growth in its fibre and mobile businesses.
“The growth was underpinned by our value-focused customer propositions despite an intensely competitive environment in the first quarter.” The network operator identified its mobile data and Openserve fibre businesses as strong operational drivers during the period. “The business unit exceeded its targeted 50% fibre connection rate as it connected an additional 107,907 homes year-on-year and has now passed 1.4 million homes.”
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