Fibre is one of the tools in Vodacom’s multi-instrument arsenal aimed at deepening connectivity in its markets from “Cape to Cairo”, and is driving growth beyond mobile revenue, from the current 18% to between 25% and 30% in the medium term, according to Joosub.
“We think South Africa is lagging behind in terms of fibre – the same for the continent. We see the fibre opportunity across the entire continent,” Joosub recently told The Africa Report at Vodacom’s headquarters in Midrand, Gauteng.
“They’re talking about Gigabit speeds in Europe. We need to fast-track [fibre],” Joosub says. “We want to make sure that within the medium term 25% to 30% of our revenue comes from beyond mobile – that is fixed, fibre, financial services, IoT [internet of things], [and] digital life services – we’re at 18% today,” says Joosub.
The Africa Report conducted a wide-ranging interview with Joosub
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