Number of the Day | 16 February 2026 | 25 million

Telkom has passed 25 million mobile subscribers, powered by a sharp rise in data usage and data-focused customer growth. That is the headline. The real story is what it says about how South Africans live online right now.
In this episode of Number of the Day, Gareth Edwards and Francis Herd trace Telkom’s shift from old fixed-line monopoly energy to a modern mobile and fibre player that is winning subscribers with value and data deals. They compare where Telkom sits in the mobile pecking order, why prepaid remains both the biggest opportunity and the biggest churn risk, and how the fibre backbone through Openserve quietly shapes what the rest of the market can offer.

25 million. A milestone number, but also a signal: connectivity is no longer a nice-to-have; it is the thing people protect, even when everything else gets cut.

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