OpenServe increases homes connected by nearly 20% in its first quarter

[Daniel Puchert]

Telkom's fibre business booming

Telkom announced that its fibre-to-the-home (FTTH) business, Openserve, has increased the number of homes connected by 19.5%, bringing its overall connection rate to just below 50%.

This was announced in the company's update for the first quarter ending 30 June 2024.

 

[Vorastra]

Telkom's fibre business booming

Telkom announced that its fibre-to-the-home (FTTH) business, Openserve, has increased the number of homes connected by 19.5%, bringing its overall connection rate to just below 50%.

This was announced in the company's update for the first quarter ending 30 June 2024.

Do we know what their margins are? I heard FTTH are low margin products for FNOs.

 

[Swa]

Do we know what their margins are? I heard FTTH are low margin products for FNOs.

Not for FNOs but for ISPs. Telkom is a public company so their financials are available but it might not break it down into separate cost and revenue figures for the actual fibre network.