NETWORK OPERATORS
Vodacom sees more pain from data pricing pressure
Vodacom, which reported its first drop in annual net profit in four years on Monday, prepared investors for more trouble in its home market as SA mobile operators face pressure to reduce data prices. In April, the Competition Commission found that mobile operators overcharged consumers, particularly low-income earners. A provisional finding of its continuing data-services inquiry was that the companies charged more for data in SA than elsewhere. In response, mobile operators have said the commission relied on old data — ignoring recent price reductions — and that the government was partly to blame for high data costs because it had not allocated new spectrum in almost 15 years. Podcast | Business Day Spotlight - Huawei vows it will not crack under pressure Subscribe: iono.fm | Spotify | Apple Podcasts | Pocket Casts | Player.fm Vodacom CEO Shameel Joosub, who said the company would make submissions to the commission in June, said that while SA "is still a growth market", pricing pre...
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