Multibillion-rand telco investment a boost for economy

The R27-billion planned investment by operators and vendors to expand fourth-generation (4G) and fifth-generation (5G) networks in South Africa is a “step in the right direction” for the country’s economic growth. Announced by Communications and Digital Technologies Minister Stella Ndabeni-Abrahams during her budget vote on May 18, the extra investment could provide the telecommunications sector a much-needed boost.

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