South Africa’s Telkom Q3 profit rises as data demand fuels mobile revenue growth

Shoppers walk past a branch of South Africa’s mobile operator Telkom in Johannesburg, South Africa, February 4, 2026. REUTERS
JOHANNESBURG, Feb 16 (Reuters) – South African telecommunications group Telkom on Monday reported an 8.4% increase in third‑quarter core profit, supported by ongoing cost‑cutting measures and a 7.2% rise in mobile service revenue as consumers continued to buy more data bundles.
Telkom, majority owned by the government, said adjusted earnings before interest, tax, depreciation and amortization (EBITDA) rose to 3.2 billion rand ($200.96 million), with the EBITDA margin expanding to 29.1% in the three months to December 31 compared to the same quarter in 2024.

Reporting by Nqobile Dludla; Editing by Ronojoy Mazumdar

 

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