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Telkom reports increase in data revenue

Telkom

Telkom, South Africa’s third-largest mobile operator, has reported a 54-per cent increase in data revenue.

This is thanks to an 81-percent surge in mobile traffic due to more of its customers working from home. The company was also able to improve adjusted free cash flow by R2.6-billion.

Telkom Best Data Deal

But it’s not just good news for Telkom. Its fixed-line business continues to decline, with Telkom losing more than half-a-million customers.

Since the end of March, consumers have been getting rid of their landlines, opting for mobile services.

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Source: eNCA