04 September 2023
Vodacom Group will invest 570 million rand in its operations in the Western Cape province for the 2023/2024 financial year. The funds will be used to improve the quality and capacity of its telecoms network, while extending its coverage in both urban and rural areas.
According to Vodacom, R470 million will be allocated towards expanding the 5G footprint, continued modernization of existing network infrastructure and upgrading base station sites with more LTE capacity across the province. The remaining R100 million will be spent on energy projects aimed at ensuring uninterrupted connectivity in the event of a power outage.
This investment is part of Vodacom's ambition to expand its telecoms network across the country, particularly rural areas which contain thousands of potential telecom subscribers who will enable the operator to strengthen its leading position in the national telecom market in the face of competition.
“As we continue to connect for a better future, we remain focused on the quality, reliability and expansion of our network. Our significant investments in infrastructure modernization enable customers to realize the transformative benefits of technology. This includes access to education, health and financial digital platforms that promote socio-economic empowerment in the region,” said Carol Hall, managing director of Vodacom Western Cape.