Vodacom says the R11.1 billion network investment is aimed at supporting network resilience, leveraging its new spectrum assets, and enhancing its IT platforms.
Vodacom ’s annual results for the 2023/24 financial year revealed that the network operator invested R11.1 billion in its South African network between 1 April 2023 and 31 March 2024.
Vodacom said the investment aimed to support network resilience, leverage its new spectrum assets, and enhance its IT platforms. The network operator significantly expanded its South African customer base over the past twelve months, adding 125,000 contract customers and 7.3 million prepaid users. Vodacom’s fixed service revenue increased significantly by 18.4% over the period, supported by good customer adoption of fibre.
Headline Mobile Networks Shameel Joosub Vodacom Business Telecoms
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