Telkom talks up fibre to the home progress

Telkom said on Monday that it increased the number of homes it passed with fibre over the past year, by 169.7% to 219,825 homes.

Overall, the listed telco said that through its fibre business, Openserve, it passed more than 2.2 million premises, an increase of 44.2% from the 1.5 million premises recorded in the prior year.

Telkom said it improved its fibre deployment approach, focusing on gated communities and key suburbs. It said that of the 220,00 homes its passed, 40,627 benefited from its network accelerated refresh programme.

“Our connectivity rate was higher this year, at approximately 23.4% reflecting our increased efforts to commercialise our network. This was also supported by an extension of our fibre resellers, which increased to 144,” Telkom said.

“We continue to lead in the fibre market, providing  high speed Next Generation Broadband Access with over 149,000 kilometers of fibre deployed,” it said.

The group said it increased the number of fibre end-point connections to businesses to 52,755, and also increased the number of fibre links to base stations to 5,928, which provide services to mobile players.

“While we drive the fibre roll-out, we continue to see a market need for using our existing network, enabling access to internet at the required speeds. To this end, we have seen an increase in fibre to the cabinet by 37.2% to approximately 2.0 million.”

The telco pointed out that fibre expenditure increased 82.6% to R2.39 billion, while overall group capital expenditure, which includes spend on intangible assets, increased 43.3% to R8.654 billion.

Read: Telkom revenue boosted by BCX and mobile business

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Telkom talks up fibre to the home progress