Telkom has released its interim results for the six months ended 30 September 2014, which show that the company has taken a big step towards obtaining one million asynchronous digital subscriber line (ADSL) subscribers.
The results, which were released on Monday, 17 November 2014, show that Telkom now has 965,046 ADSL subscribers as of September 2014, up from 898,203 the year before.
This figure excludes Telkom internal lines, but includes business, consumer, corporate, government, and wholesale customers.
Despite the growth in ADSL subscribers Telkom said that revenue from data connectivity services decreased 0.5% to R2,744 million (down from R2,757 million in September 2013), caused by a decline in Diginet and IPLC revenue due to increased competition and migration to Metro Ethernet services. This was partially offset by an increase in Metro Ethernet services and ADSL revenue.
ADSL revenue increased as a result of the 7.4% increase in ADSL subscribers.
Telkom added that the higher growth of 9.1% on Internet subscribers was supported by a 4.5% increase in Internet access and related services revenue.
The table below shows the growth of DSL in South Africa since the launch of the service in late 2002.
|Date||ADSL Subscribers||Monthly Growth|