Telkom has released its financial results for the year ended 31 March 2017, which show that the company’s fibre-to-the-home network now passes 219,825 homes.
This represents an annual FTTH network growth of 170%, which was made possible by Telkom’s accelerated capital investment in its fibre roll-out.
Telkom’s fibre expenditure increased 82.6% to R2.392 billion over the past year, in line with the company’s focus on fibre as a priority.
This investment is paying off, with the company seeing good growth in fibre subscribers.
“Even though we are still experiencing churn in ADSL, this was offset by an increase in demand for higher speeds and larger uncapped data,” said Telkom.
While many ADSL subscribers have migrated to fibre, the total number of broadband subscribers – ADSL, VDSL, and fibre-to-the-home – has declined from 1,027,507 in 2016 to 1,003,521 in 2017.
Telkom previously said declines are partly due to a migration from ADSL to wireless LTE products.
The table below shows Telkom’s fixed broadband subscriber numbers over the last 15 years.
|Telkom Fixed Broadband Subscribers|
|Date||Broadband Subscribers||Monthly growth|