Vodacom to invest $589 million in South Africa to enhance rural networks


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Vodacom to invest $589 million in South Africa to enhance rural networks

Vodacom Group Ltd., a South African mobile communication company offering voice, wireless data and converged services to more than 55 million customers, headquartered in Midrand, South Africa, had been exploring a plan to invest as much as $589 million (9 billion South African Rand) to ramp up its networks particularly in the rural areas, CTO (Chief Technology Officer) of Vodacom Group Ltd., a subsidy of Vodafone Group Plc., had unveiled later this week.

In point of fact, Vodacom, a subsidy of UK’s Vodafone Group Plc., had invested a hefty sum of 9.6 billion South African Rand last year, Vodacom CTO, Andries Delport said in a press briefing later this week, adding that this year’s investment would be spent on accelerating rural coverage alongside modernizing its digital services and base stations.

Further into the bid, the Midrand-based Vodacom had been inflating its investment rapidly over the past six years, a majority of which was aimed at developing South African rural network coverage. As of now, Vodacom has been proffering 4G/LTE service to more than 16 million people in South Africa, while its 3G network has been available to more than 97 per cent of South African population residing in remote locations and 4G is now available to 75 per cent, says Delport, the Vodacom CTO (Chief Technology Officer).