Browsing: Puleng Kwele

State-owned telecommunications infrastructure provider Broadband Infraco has reported a reduced loss of R91m for the year ended 31 March 2016, a significant improvement from the loss of R245m it reported

Losses at state-owned Broadband Infraco have widened substantially in the past year, with revenue collapsing by 40% on account of reduced business from the company’s largest customer, Neotel. Higher staff costs and increased network maintenance costs have hit the bottom line

Puleng Kwele, who was appointed as CEO of Broadband Infraco in 2012, believes the state-owned wholesale fibre-optic infrastructure provider, whose clients include Neotel, MTN and Cell C, is poised to turn around its fortunes in the financial year ended March 2014

Limpopo and Mpumalanga are to get a high-speed broadband network after state-owned infrastructure company Broadband Infraco said it intends rolling out fibre-optic networks in the provinces. Broadband Infraco CEO Puleng Kwele says the “northern ring capacity