Telkom’s 2020 financial results, for the 12 months ended 31 March 2020, show fixed-line revenue fell by 13.5% year on year to R8.2-billion.
Mobile revenue grew by 40.9% year on year
These poor numbers come despite an increase in Telkom’s home fibre broadband connections.
Mobile revenue grew by 40.9% year on year.
Mobile subscriptions
During that same period, number of mobile broadband subscribers climbed by 28% to 8.2 million.
Telkom’s group revenue for 2020 came in at R43-billion, up 3% on last year.
