4G spec­trum auc­tion looms

The Citizen (KZN) - - BUSINESS -

South Africa will hold a long-de­layed auc­tion for 4G mo­bile spec­trum by April as the gov­ern­ment seeks to ex­tend high-speed in­ter­net, Telecom­mu­ni­ca­tions Min­is­ter Siyabonga Cwele said.

Wire­less car­ri­ers have long be­moaned lack of op­por­tu­nity to ex­pand. “The auc­tion will en­sure con­tin­ued in­vest­ment by op­er­a­tors, who in­vest R25 bil­lion a year.” – Bloomberg

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