Vodacom said it is keen to maintain its high capex-to-revenue ratio to maintain a network quality advantage.
a record amount of capital into its network in South Africa for the second year running as it seeks to catch up with rival MTN South Africa’s heavy spending in recent years.
Vodacom South Africa’s increased capex intensity in the last few years led to the operator outperforming MTN in independent network quality benchmark tests by Accenture’s Umlaut in July 2023. MTN South Africa has won many other awards for its network in recent years, though. MTN spent R10.1-billion on its network in its 2023 financial year, which ended in December. This means Vodacom outspent its rival by just over R1-billion.
“From an infrastructure investment perspective, we spent to support network resilience, leverage our new spectrum assets, and enhance our IT platforms to maintain our competitive edge and remain South Africa’s most reliable network,” said Joosub.
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