South Africa’s mobile operators, including Vodacom, MTN and Rain, are set to face a big challenge to their business models from an unexpected quarter: fixed-line broadband. By Duncan McLeod.
Price cuts at Vumatel, to be implemented from next week, are not a risk to parent CIVH’s balance sheet and are only likely to register as “blip” in the company’s long-term growth trajectory, CIVH CEO Raymond Ndlovu said.
Vox has secured new debt facilities, lead-arranged by Investec and also involving Standard Bank and Rand Merchant Bank, to allow it to ramp up its deployment of fibre broadband infrastructure.
Vox-owned fibre-to-the-home operator Frogfoot has joined rival Vumatel in promising to double line speeds for consumers stuck at home due to the Covid-19 lockdown.
Frogfoot Networks has acquired the network assets and customer base of Blitz Fibre and entered into a deal with the company to accelerate the roll-out of fibre in multi-dwelling units across South Africa.
In its policy paper published this week, national treasury devoted considerable space to the telecommunications sector. Though many of the proposals make sense, an anachronism stuck out. By Duncan McLeod.