Telkom announces greater broadband speeds
Telkom today announced that ADSL speed upgrades are on the way. This will enable Telkom Internet to effectively increase the value to entry level broadband customers.
The Company revealed the following upgrades to its ADSL offerings: 'Up to 384 kbps' will become 'Up to 1024 kbps' and its 'Up to 1024 kbps' will become 'Up to 2048 kbps'.
The ISP is now positioned to meet the ever increasing demand for greater data capacity and speed. New generation consumer content and business applications will now be possible from Telkom Internet in a more cost effective manner.
"Telkom is enhancing its value proposition to truly differentiate our broadband offerings. We are accelerating the evolution of broadband offerings in the country," says Mr Manelisa Mavuso, Telkom's Managing Director: Consumer Services and Retail.
"This speed upgrade is indicative of the infinite possibilities that Telkom's innovation will enable. We are now in a position to create new products and services that will allow customers to run multiple bandwidth-hungry applications simultaneously and at faster speeds," he adds.
The benefits of the speed upgrades are not only relevant to Telkom's residential customers but are equally significant to its business customers.
Through this significant milestone Telkom Business will be able to satisfy the increasing demand for bandwidth and data speeds to its business customer base.
Dr Brian Armstrong, Managing Director of Telkom Business says, "The sophisticated products and services that can be delivered over enhanced Internet access speeds will enable businesses to gain a significant competitive edge. These upgrades are another step on Telkom's ongoing journey to providing South African businesses with the ICT infrastructure necessary to help them thrive in a globally competitive world".
"Small to medium businesses specifically will now be able to access a wider range of business utilities to boost their productivity," concluded Dr Armstrong.
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Telkom is a leading communications services provider in South Africa and on the African continent. We had consolidated normalised operating revenue from continuing operations of R33.4 billion and normalised profit for the year from continuing operations of R2.4 billion for the year ended 31 March 2011. Total assets from continuing operations amounted to R54.3 billion and equity attributable to the owners of Telkom to R29.6 billion as of 31 March 2011. The group generated normalised free cash flow of R3.5 billion for the year ended 31 March 2011.
We had consolidated operating revenue from continuing operations of R16.4 billion and profit for the period from continuing operations of R502 million for the six months ended 30 September 2011. Total assets amounted to R52.4 billion and equity attributable to the owners of Telkom to R29.1 billion as of 30 September 2011. The group generated free cash flow of R1.5 billion for the six months ended 30 September 2011.
As of 30 September 2011, we had approximately 4.1 million telephone access lines in service and 99.9% of our telephone access lines were connected to digital exchanges. We offer business, residential and payphone customers a wide range of services and products, including:
- fixed-line subscription and connection services to post-paid, prepaid and private payphone customers using PSTN (Public Switched Telephone Network) lines, including ISDN (Integrated Services Digital Network) lines, and the sale of the subscription based value-added voice services and customer premises equipment rental and sales;
- fixed-line traffic services to post-paid, prepaid, and payphone customers, including local, long distance, fixed-to-mobile, international outgoing and international voice-over-internet protocol traffic services;
- interconnection services, including terminating and transiting traffic from South African mobile operators, as well as from international operators and transiting traffic from mobile to international destinations;
- fixed-line data centre operations and internet services,including domestic and international data transmission services, such as point-to-point leased lines, ADSL (Asymmetrical Digital Subscriber Line) services, packet-based services, managed data networking services and internet access and related information technology services;
- e-commerce, including internet access service provider, application service provider, hosting, data storage, e-mail and security services;
- W-CDMA (Wideband Code Division Multiple Access), a 3G next generation network, including fixed voice services, data services and nomadic voice services;
- mobile communication services, including voice services, data services and handset sales through its mobile brand called 8•ta; and
- other services including directory services, through Trudon (Proprietary) Limited, wireless data services, through Swiftnet (Proprietary) Limited and internet services outside South Africa, through iWayAfrica Group (integration of Africa Online Limited and MWEB Africa Limited).