Telkom Mobile subscriber growth slows - mobile network capex slashed

[Jan]

Telkom cuts mobile network investment as subscriber growth slows

Telkom invested less in its mobile network between April and September 2023 than during the same period last year, the company's half-year results have revealed.

During the same period, Telkom showed growth in mobile service revenue, which increased from R10.6 billion in September 2022 to R11 billion in September 2023, working out to approximately 4.1% revenue growth.

 

[The_MAC]

I can tell you right now what the strategy will be.

1) Sweat the Asset
2) Redeploy where there is demand or FTTH overlap