In a surprising move, MWeb is lobbying government to give Telkom the more than R1bn in cash stashed away in the universal service fund so that it can plough that money into upgrading its network. CEO Rudi Jansen is especially keen for the money to be used to upgrade the so-called last mile of copper cables that connect customers to Telkom’s network.
Browsing: Rudi Jansen
MWeb dropped a bombshell on the SA Internet industry on Thursday morning when it announced it was slashing the cost of fixed-line broadband and introducing uncapped offerings starting at just R219/month. The move, which brings SA more in line with Internet prices in other markets, could spark a price war among Internet service providers in the next few months.