Telkom’s group interim results for the six months ended 30 September 2013 showed that Telkom Mobile grew its active subscriber base to 1,598,173, but showed a surprising decline in post-paid subscribers.
The company’s results showed that Telkom Mobile’s total active mobile subscribers increased by 6.9% over the last year – from 1,495,083 to 1,598,173.
This growth was fuelled by a 14.4% growth in prepaid subscribers. The number of active prepaid subscribers increased from 1,121,967 to 1,283,615.
Surprisingly Telkom Mobile’s active post-paid subscribers declined by 15.7% – down from 373,116 to 314,558. This decline comes despite aggressively priced post-paid products.
Telkom Mobile showed an EBITDA loss of R773 million over the reporting period.