Capitec’s MVNO, Capitec Connect, has grown to over 1.4 million active SIMs since its launch in September 2022. The company plans to double its active SIMs next year and will introduce eSIMs to its service.
Capitec’s mobile virtual network operator , Capitec Connect , has grown substantially since its launch in September 2022.
Capitec’s plans to double active SIMs next year will likely benefit from another enhancement to its service — the introduction of eSIMs. “We were waiting for our clients and the phones that our clients use to be ready for eSIMs. We can see exactly which phones our clients use on our network and on the Capitec app,” she said.
“We are going to be integrating Connect a lot more into Capitec. Up until now, we’ve had a lot of work to do to establish ourselves as an MVNO,” said Steyn. “That’s what we will start doing next year. Imagine having a credit card that’s in good standing, and you get rewarded with Connect data.” “The split is currently that about 65% are expiry bundles and 35% are non-expiry bundles. We’ve seen the no-expiry usage coming down slowly but surely every month.”Capitec’s latest annual results for the year ended 29 February 2024 revealed that Capitec ConnectThis came on the back of a R7 million loss the year prior, marking a R42 million turnaround.
Capitec Connect MVNO Active Sims Esims Growth Plans
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