Telkom reports solid interim results as data-led strategy powers growth

Stephen Grootes speaks to Nonkululeko Dlamini, Group CFO of Telkom about the company's strong interim results for the first half of its 2026 financial year.

Listen to the interview in the audio player below.

Telkom delivered a strong set of interim results for the six months ended 30 September 2025, with the Group’s data-focused strategy driving both revenue and profitability despite a challenging economic environment.

The telecommunications group reported a 3.4% rise in revenue to R22.1 billion, supported primarily by strong mobile data growth of 10.3% and a 12.3% increase in fibre-related data revenue.

Data now contributes 59.1% of total Group revenue, up 7.9% year-on-year.

Headline earnings per share increased by 16.4% to 305.6 cents, while basic earnings per share rose 12.7% to 325.7 cents.

Despite the positive results, the Group expects subdued economic conditions for the remainder of the financial year, with increased competition in mobile and fibre, while ICT spend in the corporate sector is also expected to decrease.

Speaking to Stephen Grootes on The Money Show, Nonkululeko Dlamini, Group CFO of Telkom says the value-for-money propositions offered by Telkom has made it a first choice mobile, data and fibre provider to many consumers.

"It's a competitive environment, and the customer is always going to look where there is value for money, and we think our value propositions have been good for our client base, for us to get this outcome," says Dlamini.

"The overall industry is going through various challenges, if you just look in general at the IT industry. And then we look at how we can ensure that we continue to grow in the spaces that we're operating in," adds Dlamini.

Scroll to the top of the article to listen to the full interview.