Telecoms investment plummets by R10 billion in 5 years

The South African telecommunications industry has seen a R10 billion drop in investment since 2018, a report on phase one of Operation Vulindlela states.

Investment in the industry consistently decreased over the next three years, reaching R34 billion in 2021. However, much of this has been resolved, with Vodacom and MTN reporting that they paid the outstanding amounts to Icasa after TV broadcasters released their spectrum assignments. MTN also made significant investments over R8 billion in 2022 to bolster its 5G infrastructure and expand their network to cover 1,500 sites.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Excellent news for South Africa’s IT and telecoms industrySouth African IT and telecommunications companies continue to invest heavily in growth, including new product development and increasing marketing budgets.
Sumber: mybroadband - 🏆 11. / 67 Baca lebih lajut »

Fraudsters set sights on South Africa’s telecoms industryA total of 69% of South Africans were targeted by digital fraud attempts in 2023 which is a 27% increase from the previous year.
Sumber: mybroadband - 🏆 11. / 67 Baca lebih lajut »

Allan Gray warns of new investment scams in South AfricaAllan Gray has flagged the increased use of AI-enabled scams, and has offered tips to help South Africans them.
Sumber: BusinessTechSA - 🏆 24. / 61 Baca lebih lajut »