Telkom has published its provisional annual results for the year ended March 2019, showing a sharp increase in mobile subscribers.<\/p>\n
The group saw mobile service revenue increase by 58.3% – underpinned by its popular broadband-focused deals.<\/p>\n
“The significant growth in mobile service revenue was supported by an 85.9% growth in active subscribers to 9.7 million, as our affordable broadband-led proposition continues to resonate with customers,” said group CEO, Sipho Maseko.<\/p>\n
“Despite adding 4.5 million subscribers in the year, our blended average revenue per user (ARPU) was stable at R100.”<\/p>\n
Maseko said that pre-paid subscribers more than doubled compared to the prior year, increasing by 109.3% to 7.8 million.<\/p>\n
“Our pre-paid proposition continues to attract good quality subscribers demonstrated by a significant increase in pre-paid ARPU of 19.8% to R71,” he said.<\/p>\n
Post-paid (contract) subscribers increased by 26.8%, with net additions of approximately 396,000 to reach 1.9 million, with an ARPU of R186.<\/p>\n
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