Telkom’s fixed line shocker
Telkom released its financial results for the year ended 31 March 2014, revealing that the company currently has 3,618,000 fixed access lines.
These results show that Telkom lost 182,000 fixed line subscribers over the last twelve months.
Telkom’s latest fixed line numbers are now the lowest since 1994, when South Africa held its first democratic elections.
The lower number of fixed lines mean that the number of “fixed access lines per employee” is now 188 – up from 179 a year ago. This is not good news for the company.
In addition, fixed-line voice usage was impacted by a decline in number of lines of 4.8%.
The following table provides an overview of Telkom fixed line growth and decline since the early nineties.
| Year | Fixed line subscribers | Change |
| 1993 | 3,458,000 | – |
| 1994 | 3,594,000 | 136,000 |
| 1995 | 3,773,000 | 179,000 |
| 1996 | 3,926,000 | 153,000 |
| 1997 | 4,259,000 | 333,000 |
| 1998 | 4,645,000 | 386,000 |
| 1999 | 5,075,000 | 430,000 |
| 2000 | 5,493,000 | 418,000 |
| 2001 | 4,962,000 | -531,000 |
| 2002 | 4,924,000 | -38,000 |
| 2003 | 4,844,000 | -80,000 |
| 2004 | 4,821,000 | -23,000 |
| 2005 | 4,726,000 | -95,000 |
| 2006 | 4,708,000 | -18,000 |
| 2007 | 4,642,000 | -66,000 |
| 2008 | 4,533,000 | -109,000 |
| 2009 | 4,451,000 | -82,000 |
| 2010 | 4,273,000 | -178,000 |
| 2011 | 4,073,000 | -200,000 |
| 2012 | 3,995,000 | -78,000 |
| 2013 | 3,800,000 | -195,000 |
| 2014 | 3,618,000 | -182,000 |
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