Telkom SA reports 16.3% earnings growth, driven by mobile and fibre services

TELKOM SA, the third largest South African telecoms group, delivered a sturdy 16.3% increase in earnings as it continued to leverage the advantage of its extensive fibre footprint to drive service and data growth.

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"A remarkable example of such competitiveness is that our Mobile business delivered market-leading service revenue growth for the 11th consecutive quarter to June 2025, since its establishment 15 years ago," said the CEO, Serame Taukobong.

For the six months to September 30, Telkom SA's service revenue was up 10.3%. Group revenue increased 3.4% to R22.1 billion, driven by robust mobile data revenue growth (10.3%) and fibre-related data revenue (12.3%).

Group data revenue was up 7.9%, contributing 59.1% to total revenue. Group earnings before interest, tax, depreciation, and amortisation (EBITDA) increased by 7.4% to R6.02bn, due to revenue growth and cost initiatives.

Free cash flow stood at R724 million. Headline earnings per share came to 305.6 cents. Basic earnings per share increased 12.7% to 325.7 cents.