Article: MTN launches AirFibre in South Africa

Open Infrastructure, Spectrum

MTN launches AirFibre in South Africa

Telecommunications company MTN says it will begin its first commercial installation of Supersonic AirFibre on Monday (3 May). Since the announcement of the launch of the solution in February this year, the group said it has received over 20,000 expressions of interest, with the aim to connect 60,000 homes within the first year.

This coincides with a surge in demand for affordable, fibre-like internet access in previously unreachable areas, the group said.  The first commercial rollout will commence in Soweto, Mamelodi, Fairlands and Honeydew.

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Article: MTN rolls out R300 million project to capture fibre-starved communities

Open Infrastructure, Spectrum

MTN rolls out R300 million project to capture fibre-starved communities

One lesson that mobile phone companies seem to have learnt during the Covid-19 lockdown is that data is gold. Revenue derived from data has emerged as a key contributor to income growth over the past year, as demand for internet connectivity skyrocketed, driven by the changing work environment and increasing streaming demand.

However, uneven IT infrastructure and prohibitive costs have slowed down the full growth potential of the data market, meaning the returns currently enjoyed by telecommunications companies may just be the tip of the iceberg.

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Article: Why the cash of the future will be digital and decentralized

Money, Open Governance

Why the cash of the future will be digital and decentralized

When South Africa’s biggest banks released their year-end financial results last month, it became clear that Covid-19 has sped up the move to digital. Each bank saw an increase in digitally active clients and more transactions were done via online banking.

But online banking as we know it is only a small step towards the future of finance, experts say. And for financial institutions, Covid-19 has made this future — in which technology used by cryptocurrencies makes banking faster and central banks dole out digital money — seem even more imminent.

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