Johannesburg, 22 Aug 2013
Neotel today announced that its flagship broadband service, NeoBroadband, is now also available over Neotel's latest LTE network.
NeoBroadband powered by LTE is a fixed wireless solution designed to address the need of the business customer to have business-grade broadband service that provides a fast and consistent user experience for small and medium-sized enterprises (SMEs) as well as large enterprises. The solution uses a fixed installation to connect business offices via Neotel's LTE network. The network has been designed to optimise connectivity in order to achieve consistent and reliable connection and speeds. In addition, Neotel's LTE is unique, as it is deployed in the uncluttered 1 800MHz band spectrum and is optimised for Internet and data solutions.
Sunil Joshi, MD and CEO of Neotel, said: "The NeoBroadband powered by LTE brings business-grade, high-speed LTE for the small and medium-sized, as well as large, businesses. Neotel is using its LTE network to deliver efficient, stable, low-contention, unshaped and uncapped Internet to its business and retail customers, as well as for last-mile requirements. By using fixed wireless deployment, Neotel can optimise the number of connections to each tower, thereby delivering better speeds, consistent user experience and minimal disruptions."
The technology and broadband market in South Africa is worth approximately R5.2 billion in 2013 and growing at 5.5% per year (CAGR). The NeoBroadband powered by LTE service will allow customers to rapidly connect to the world with a high-speed, reliable connection. The initial release of the NeoBroadband over LTE is focused in Gauteng and offers download speeds of 2Mbps, 5Mbps and 10Mbps on an unshaped, uncapped package, ranging from R999 to R2 899 per month. As the network footprint expands, Neotel will offer additional packages as well as make the service available in other regions in a phased manner.
With the addition of NeoBroadband powered by LTE in its product portfolio, Neotel is now uniquely positioned to offer a wide range of broadband services, ranging from 1Mbps up to 100 Mbps, using different access technologies, such as fibre, WiMax and now LTE, with price performance addressing different market segments and user profiles. Joshi says: "Neotel can offer customers speeds they need on a medium they are comfortable with and at a price point that delivers true value for the service they require. In order words, Neotel can deliver a 100Mbps broadband service over fibre to a large business customer having huge data traffic, or 10Mbps to a medium-sized business over LTE, or 2Mbps to a small business over LTE, Wimax or microwave. Neotel is in a unique position to be able to do just that."
Joshi concludes: "Neotel invested approximately R500 million in capex over the course of our last financial year, which ended 31 March 2013, to expand our fibre-optic networks and enhance our ability to provide leading-edge network and data solutions to our business and retail customers in South Africa. Neotel has access to over 15 000km of national long-distance fibre and 8 000km in metropolitan areas, which is seamlessly connected to the five undersea cables that connect South Africa to Africa and other geographies. To that end, our investment in LTE network enables Neotel to leverage this infrastructure to deliver world-class products and services to the South African market."
Share