Vodacom will enter into a joint-venture fibre network roll-out partnership in a move that will ramp up its expansion into the highly competitive market. It has so far connected more than 21,000 homes and businesses with fibre. Vodacom’s fibre roll-out plans suffered a setback when its proposed deal with Neotel failed in March 2016. It had aimed to add 1-million fibre-optic connections. Vodacom said fibre was critical to the group realising the full potential associated with the increasing move to a digital-based economy. CEO Shameel Joosub said the group was talking to different parties and would finalise the partnership in the coming months. In recent years, Vodacom has diversified into new areas to offset the declining revenue from voice.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.