Vodacom is investing billions of rands in its network to achieve 100% 3G coverage, grow its LTE network, and offer fibre to the home services.
Vodacom CEO Shameel Joosub told Moneyweb’s Hilton Tarrant that they see an opportunity to increase their 3G penetration to 100% of the South African population.
Joosub said that growing their LTE network will help them to offload 3G traffic and create a better experience for customers.
Fibre to the home (FTTH) and fibre to the business (FTTx) are also areas in which Vodacom is looking to invest.
“We have to invest more heavily into fibre to be able to carry the traffic and provide customers with the requisite speeds,” said Joosub.
“While we are doing this we may as well connect housing estates, densely populated areas and the businesses along the way.”
“So we see fibre to the home and fibre to the business as a key strategy for us going forward,” said Joosub.
To achieve all this a large capital investment is needed, and Joosub said that this is exactly what is planned.
“What we want to do in South Africa is increase the envelope of investment from the current R7bn a year,” said Joosub.