SA’s mobile virtual network operator market races ahead as Africa struggles to turn licences into growth, Africa Analysis reveals.
South Africa’s MVNO market will reach approximately 14.4 million MVNO SIMs by 2030, says Africa Analysis.
The bank marks 25 years with strong earnings growth, AI investment, smart ID rollout and expanding digital services for 26 million clients.
Capitec Connect aims so make a meaningful difference by empowering every South African through connection.
AI-enabled fraud prevention tools, which protect clients from paying to high-risk account numbers, stopped over 23 000 scam payments.
The mobile virtual network operator aims for tighter integration with Cell C, to enhance service delivery and double its mobile customer base.
ITWeb TV: Capitec Connect looks to double subscriber count | Episode #101
Capitec Connect is aiming for tighter integration with Cell C to enhance service delivery and grow its mobile customer base.
The bank’s overall IT expenses, including IT salaries and outsourced resources, for the financial year ended February, increased by 28%.
MVNOs are seeing renewed interest across the industry, emerging as primary engines of market growth, says BMIT.
The bank’s mobile virtual network operator sells 8 000 new SIM cards on a weekly basis, it says.
The mobile virtual network operator's vision is to democratise access to affordable data.
By December 2023, the number of MVNO SIMs surged to 4.3 million, marking an annual growth rate of 51%, says Africa Analysis.
The bank’s mobile virtual network operator service sees accelerated growth, issuing over 1.3 million SIM cards to date.