Telkom increased its investment in its mobile network by 35% between 1 April 2022 and 31 March 2023, the company’s annual results have revealed.<\/p>\n
Over the same period, the company showed modest growth in mobile service revenue, which increased by 1.8% over the previous year to R17.82 billion.<\/p>\n
Telkom also grew its mobile subscriber base by 7.8% from R16.94 million in March 2022 to 18.26 million as of 31 March 2023.<\/p>\n
The partially state-owned telecoms company had invested R2.75 billion in its mobile network in the previous financial year. This increased to R3.72 billion as of 31 March 2023.<\/p>\n
At the same time, it cut its capital expenditure on its fibre network, IT solutions, core network, and masts and towers.<\/p>\n
“We continued to extend our network footprint, launching our 5G services and effectively utilising the newly procured spectrum, with a particular emphasis on the low-frequency band (800 MHz), to enhance coverage of our LTE services,” said Telkom Group CEO, Serame Taukobong.<\/p>\n
“This benefited our mobile broadband subscriber base, which grew 9.2% to 11.6 million, representing 63.7% of our total mobile base now using wireless broadband.”<\/p>\n
Regarding traffic volumes, Telkom Mobile customers used 1,167 petabytes \u2014 or nearly 1.2 billion gigabytes \u2014 over the year.<\/p>\n
The company grew its mobile service revenue by 1.8% from R17.51 billion in March 2022 to R17.82 billion.<\/p>\n
“Mobile service revenue growth of 1.8% resulted from the expansion of our total customer base, which grew pleasingly by 7.8% to 18.3 million customers at a blended average revenue per user (ARPU) of R86, driven by our competitive customer value propositions,” said Telkom Group CEO Serame Taukobong.<\/p>\n
“Our post-paid strategy paid off as our customer base advanced by 11.0% to reach the 3.0 million mark at an ARPU of R201.”<\/p>\n
“Our pre-paid base also continued growing by 7.2% to reach 15.3 million at an ARPU of R64,” he added.<\/p>\n
However, ARPU in both the pre-paid and post-paid segments decreased slightly. In the 2021\/22 financial year, Telkom’s revenue per pre-paid user sat at R65.76 and has since dropped to R63.74.<\/p>\n
At the same time, post-paid ARPU dropped from R212.47 to R200.69. This resulted in the average ARPU from mobile subscribers falling from R89.94 to R86.43.<\/p>\n
Regarding overall Telkom Mobile operating revenue, the company recorded a 4% increase to R21.62 billion.<\/p>\n
This is despite mobile voice and subscription revenue declining 1.6% to R4.4 billion.<\/p>\n
The primary drivers behind Telkom’s mobile revenue growth were a 4.8% increase in mobile interconnection revenue, a 2.9% increase in mobile data revenue, and a 14.8% increase in revenue from handset and equipment sales.<\/p>\n
Interest revenue for Telkom Mobile grew 24.6% from 256 million to R319 million.<\/p>\n
Telkom’s mobile division continued showing strong growth despite declines in the company’s overall revenue and earnings.<\/p>\n","protected":false},"author":341076,"featured_media":496107,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[14],"tags":[35,1355,109,689],"class_list":["post-496097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cellular","tag-headline","tag-serame-taukobong","tag-telkom","tag-telkom-mobile"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/496097"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341076"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=496097"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/496097\/revisions"}],"predecessor-version":[{"id":496105,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/496097\/revisions\/496105"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/496107"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=496097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=496097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=496097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}