The offering includes uncapped internet data and unlimited on-net voice for both local and long distance with what the company describes as "an exceptional offnet call rate".

This includes Unlimited Calling from Telkom to Telkom & Telkom Mobile numbers, with a 50c call rate to offnet destinations and a 79c call rate to 12 predefined international fixed line destinations, according to a statement issued by the company.

"In addition, businesses will also receive the value-added benefits of CallAnswer, IdentiCall and WaitingCall as well as 1GB/2GB/3GB Telkom Internet Mobile data (dependant on package), a 3G Dongle, DSL/Fibre Router and Always on Voice Failover on DSL," reads the statement.

The company says it has introduced the offer to aid the sustainability of small and medium businesses as the country faces an economic recession, along with the impact of downgrades of its investment ratings to junk status by Moody, Standard & Poor, as well as Fitch.

"Businesses in South Africa want more affordable, high speed connections, and effective and efficient communication means to assist in accelerating the growth of their business. Our Telkom Unlimited Business offering will provide both our existing and new customers with new opportunities for innovation, expansion, and e-commerce. We are reducing the cost to communicate and providing businesses with greater internet access," said Telkom Consumer CEO Attila Vitai.

"Our recently launched Unlimited Home offering to fixed line customers gives South Africans the freedom they need to communicate conveniently and cost-effectively. Unlimited Business extends our commitment of affordability to established and emerging businesses," he said.

Telkom has confirmed that as of 3 August 2017, existing Uncapped Internet customers will derive value of double the speed or a reduced monthly subscription fee, with an average price reduction of 24% across all speeds.

The Unlimited Business plans entry level speeds will now be 4Mbps going up to 100Mbps on fibre.

"The service offers uncapped data, with day time priority on internet traffic as well as prioritised support. In addition signing up as a Telkom Business customer affords the business tax benefits," the telco added.