Despite continued rapid growth in demand for data by customers, Vodacom South Africa eked out a meagre 3.9% increase in data revenue in the 2019 financial year as price cuts and lower out-of-bundle tariffs impacted the top line.
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South African business leaders are in harmony on what the country needs after this week’s elections.
Safaricom shares fell the most in four months after East Africa’s biggest company by market value said profit growth will slow even as the wireless carrier expands its popular mobile banking service.
Communications minister Stella Ndabeni-Abrahams has dashed hopes for the urgent licensing of new broadband spectrum to mobile operators.
Vodacom said on Monday that “unquestionably the most significant obstacle to reducing input costs and, by extension, data prices is the fact that no new spectrum has been allocated” to operators for the past 14 years.
South Africans are not satisfied with their mobile network providers, particularly the biggest provider, Vodacom.
The ham-fisted way in which Vodacom implemented Icasa’s data regulations damaged the operator’s reputation and drove consumers to threatening to quit the network, according to new research.
Ah, that old trope, “market failure”. Economic development minister Ebrahim Patel trotted it out several times this week while unveiling the Competition Commission’s provisional findings into the data service market.
MTN has accused the Competition Commission of using outdated information in preparing its report on the data services market in South Africa.
The Competition Commission has floated the idea of enforcing functional and/or accounting separation on South Africa’s large mobile operators –…