Telkom reports that fixed voice revenue fell 22 percent and that it’s now hampering the business.
CEO Douglas Craigie Stevenson is confident that Cell C can turn the ship around.
Overall the firm appears to be doing well but locally customer figures are growing slowly and data customers have left the network.
Revenue from Telkom Mobile is up 47 percent.
There are now over 103 million Vodacom customers around the world.
First decline in profits for five years, but data and device sales are three times what they were in 2009.
And there are almost as many machines on the Vodacom network as there are smartphones, and churn rates for pre-paid customers are phenomenally high.