Vodacom offers to invest R 60 bn in South Africa

Telecom operator Vodacom has offered to invest R 60 billion in South Africa over the next five years.
Vodacom Tanzania networkVodacom has already invested R 50 billion over five years in 2018.

This latest substantial investment is expected to contribute significantly to enhancing network resilience to keep customers connected, further accelerating Vodacom’s rural coverage program.

Shameel Joosub, CEO of Vodacom Group, made the announcement at the fifth South African Investment Conference (Saic).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

AT&T Commits $19 bn to Expand Fiber and Wireless Network Across California by 2030

AT&T has announced its largest-ever infrastructure investment commitment in...

Cosmote Telekom Accelerates Greece’s 5G Future with 300 Mbps Broadband and 65,000 Subscribers

Cosmote Telekom is strengthening its leadership in Greece’s digital...

Indosat Ooredoo Hutchison Completes 40,000-Site Integration as AI Strategy Drives Revenue, ARPU, and Subscriber Growth

Indosat Ooredoo Hutchison and Nokia completed a network integration...

Telecom Networks Reclaim Strategic Value in the AI Era: 10 Trends Driving $8 bn GPUaaS Opportunity

Investment in artificial intelligence (AI) is reshaping the telecom...