Sout Africa's MTN Group will invest about R1,5bn in submarine cables to increase its bandwidth capacity for its Africa and Middle East operations. MTN has invested $85m in undersea cables. This was to ensure high-speed connectivity and improved quality and capacity in voice and data offerings .
The investments are part of MTN’s capital expenditure of R31,2bn in the year to December to upgrade its network.
As reported in Business Day 12/3/2010
http://www.directinvestment.biz/
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