News Formal

South Africa’s virtual mobile operator market hit R4.3 billion in 2023

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 67%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

New research from Africa Analysis shows that the number of MVNO SIMs surged to 4.3 million, marking a remarkable annual growth rate of 51%.

The MVNO retail market achieved R4.3 billion in revenue in 2023, underlining the sector’s economic significance.

The market anticipates the arrival of at least two more MVNOs before June 2024, signalling ongoing expansion and competition. By December 2023, the number of MVNO SIMs surged to 4.3 million, marking a remarkable annual growth rate of 51%. “Pre- and post-sales support are identified as crucial factors in sustaining growth and enhancing customer satisfaction,” he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

HONOR dominates South African smartphone market, claims 24% share in Q4 2023Its success is due to the popularity of the HONOR 90 Lite and HONOR X6 models
Source: mailandguardian - 🏆 2. / 92 Read more »