JOHANNESBURG May 13 South Africa's
third-biggest mobile operator Cell C said on Tuesday it plans
capital expenditure of 2.3 billion rand ($221.62 million) in
2014 to support an expanding subscriber base.
Users increased to 16.6 million at the end of April, a 22
percent rise from the end of 2013, it said in a statement.
The company, majority owned by Dubai-based Oger Telecom, has
been chipping away at the market share of bigger players such as
leader Vodacom and MTN.
MTN, which plays second fiddle to Vodacom in South Africa
but is actually much bigger on the continent, saw its customers
shrink 3.2 percent in the first quarter of 2014 to 24.875
million from the last three months of 2013.
Cell C said it would add more than 300 new sites, upgrade
its network and deploy more fibre in cities.
"The idea behind the work we are doing with the equipment
transfer is to bring more stability into the network, increase
the coverage and provide the best quality we can to our
customers," newly appointed chief executive Jose Dos Santos
Dos Santos took over at the helm last week from Alan
Knott-Craig, who had been away since November because of
($1 = 10.3782 South African Rand)
(Reporting by Helen Nyambura-Mwaura, editing by David Evans)