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Telkom has denied that it is underinvesting in its network after the company revealed on Monday that its capital expenditure in the six months to 30 September 2014 fell sharply, with capex-to-revenue coming in well below guidance provided previously. This fall in capex prompted analysts on Monday

The excitement over the potentially transformative effects of the Internet in low-income countries is nowhere more evident than in East Africa — the last major populated region of the world to gain a wired connection to the Internet. Before 2009, there wasn’t a single fibre-optic cable connecting the region