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Vodacom’s R4.8 Billion Investment Towards South African Network

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TechInAfrica – To propel digital communication towards its pinnacle, investments and expenditures serve as key aspects in which could be of significance in nurturing both the company and the public growth. In a modern era, digitized world like our society nowadays, such aspects further prove as contributing factors where people need to stay connected with each other. Vodacom, a South African mobile communications company, providing voice, messaging, data and converged services to over 55 million customers, recently revealed their R4.8 billion investment for the last six months of interim.

This expansion was based on the goal to further improve the service delivered by the mobile company—expanding the network in general. According to Vodacom, the money was used to “modernize its network, increase high capacity backhaul fibre and microwave, and further enhance its IT systems,” further emphasizing their other purpose to nurture focus and smart technologies in order to optimize service deliveries for their customers.

Vodacom offices illustration via careercity.co.za

In addition, Vodacom also added. “We now have 92.4% 4G population coverage, up from 82.5% a year ago.”

Despite MTN—who reigns on their throne of being one of Vodacom’s most fervent competitors—has invested a lot more for the past three-and-a-half years, this doesn’t make Vodacom significantly less reliable compared to MTN. MTN, while having invested approximately R37 billion over three-and-a-half years, Vodacom had invested around R30 billion in its network over the same period.

Furthermore, Vodacom is also experiencing a quick and expanding growth of their consumer base. Having a total of 43.9 million, the company recently boasts an average of 100,000 users added per month. Vodacom CEO, Shameel Joosub, professed that their notions to enhance customer experience through pricing information and various investments continues to bear fruit.

Source: itnewsafrica.com

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Written by Charis Chrisna

Writer, author, part-time fallacious wanderer, and an avid Hotline Miami lover.

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