Just Released: "South Africa Telecommunications Report Q1 2014"
Vodacom reported a 1% decline in Q213 revenue compared to the previous quarter, while MTN reported a 1.4% drop in revenue in H113 compared to H212. Both operators attributed the weak results to price competition and the interconnection rate cuts in March 2013. This trend is unsustainable amid rising operating costs. BMI therefore expects operators to aggressively develop new revenue streams that will be less reliant on the consumer market in view of the risk of further ARPU erosion from...
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