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Telkom Records R43 billion in Revenue, Up 3%

Image sourced from My Broadband South African network provider, Telkom has delivered a solid top-line performance in the year to 31 March 2020, with revenue increasing 3.0% to R43.0 billion, mainly driven by a 54.4% increase in mobile service revenue. The company says its performance was underpinned by capital investments of R7.8 billion within the same period. The mobile business continues to gain scale and remains the fastest-growing mobile business in South Africa. With 12 million customers, it now accounts for 35% of Telkom’s total operating revenues. “Our Group revenue performance represents how ongoing investment – particularly in mobile, IT and masts and towers – enables Telkom to grow new revenue streams and offset traditional business shrinkage,” says Telkom Group Chief Executive,...

Telkom VS Gaming to Bring Esports League to Virtual Comic Con Africa

Sourced from Students Brands. The 2020 edition of Comic Con Africa will be held virtually for the first time ever. Comic Con announced that this year’s edition of the biggest event in the pop culture and gaming calendar will go ahead from 24 – 27 September 2020; bringing a virtual Con to fans in their own homes. “The (COVID-19) pandemic has forced all aspects of the sports fraternity to relook their approach. Luckily for us, nothing much has changed; VS Gaming continued to host its online leagues through this time. With the postponement of Comic Con Africa the VS Gaming flagship Masters tournament will conclude and the revised structure will be shared with our community soon,” says Wanda Mkhize, Telkom VS Gaming Spokesperson. In light of the new developments, Telkom VS Gaming in partnershi...

Telkom Cuts Uncapped Data Prices

Image sourced from My Broadband In response to the increased demand for home connectivity during the COVID-19 lockdown in South Africa, Telkom has reduced prices and removed caps on its copper-based DSL broadband portfolio to new customers. Telkom’s new promotional prices start from R199 ($10.72) for an initial 6-month period for a 4 Mbps line, with the company hoping to enable access for those who currently do not have fixed broadband. This pricing of the uncapped data is part of Telkom’s COVID-19 relief efforts to enable access to education, work, and entertainment platforms. “Telkom already has copper access technology which can provide cost-effective home connectivity. During the lockdown we decided to use all the infrastructure available to us to provide good,  affordable quality...

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