Telkom’s growth rate in subscribers could see the partially state-owned telecoms operator take over from competitor Cell C as the country’s third-largest mobile provider by the end of the 2021 financial year.   ’

Since 2013, after CEO Sipho Maseko joined the company, Telkom has been shifting its business away from the legacy fixed line towards mobile. The strategy seems to be bearing fruit as the company’s mobile unit now accounts for 35% of group revenue from 3% in 2013. The fixed-line business, which accounted for 56% of revenue seven years ago, now contributes 20%. 

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now