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General

Telkom Q3 revenues up on BCX deal, mobile growth

Tuesday 2 February 2016 | 09:24 CET | News
South Africa operator Telkom Group said its net revenue rose by 7 percent to ZAR 7.2 billion for the three months to 31 December. Operating expenses rose a faster 13 percent to ZAR 4.7 billion due to the acquisition of IT services provider Business Connexion (BCX). Excluding BCX, revenue fell 0.3 percent and costs were up just 2 percent, Telkom said in a trading statement. Active mobile subscribers grew by 22 percent year-on-year to 2.57 million, delivering average revenue per user of ZAR 90.26. Mobile data revenue climbed by 56 percent to ZAR 417 million, while fixed voice revenue declined

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Categories: General
Companies: Business Connexion / Telkom
Countries: South Africa
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