Indian business models to benefit South Africa telecom

Neotel chief executive Ajay Pandey told the Afrikaans weekly Rapport in Johannesburg that his company had already made a clear impact on the market.

"Since our arrival, prices have began falling, especially in the corporate telecommunications sector, something not seen here in the past," said Pandey.

"Consumers have already been benefiting indirectly from that."

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He said there were many opportunities for South Africa to leapfrog to the latest technologies.

"I can't understand why the wheel has to be reinvented here every time. It just wastes time.

"Go look at for example what China and India have done to cut costs and replicate those models (here)," Pandey asserted.

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"Since our arrival, prices have began falling, especially in the corporate telecommunications sector, something not seen here in the past," said Pandey.

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