Telkom continues to grow Nigeria market share

LANDLINE services provider Telkom continued to augment its growth in Nigeria, West Africa’s economic hub.

The South African based company, which has operations around the continent, said its mobile based transactions, optic fibre deployments had grown tremendously over the last half of 2008.

“Mobile based transmission stations have been increased to a total of 589 and optic fibre deployment now covers 3800km, while a packet exchange has been commissioned in Abuja for 300 000 subscribers,” said the company’s chief executive officer, Reuben September.

He said Telkom’s participation in new cable systems gave the company the edge in terms of global connectivity and data solutions.

September added, “We also intend to accelerate the expansion of our network including the Next Generation Network, selectively build a mobile network and explore acquisitive opportunities particularly in the data centre arena.”

Last week, Telkom Group announced its interim results for the six months ended September 30, 2008, September said the Group delivered a 9.8 percent growth in revenue to R29 884 million.

September said the company was positioning itself to take advantage of the future converged services environment that was fast becoming a global best practice.

“The ability to pull traffic back onto the fixed line network through mobile service and leverage the NGN (Next Generation Network) for full convergence and high value data services will enhance Telkom’s core defend
and grow strategy,” he said