TeleGeography Logo

Neotel says sales will double this year

7 Apr 2008

South Africa’s second national wireline operator, Neotel, says it expects revenues to double in 2008 to ZAR2 billion (USD257 million). The firm reported sales of ZAR1 billion in its financial year to the end of March 2008, with around half the total coming from its 300 corporate clients and the remainder from its Transtel subsidiary. Neotel was awarded its fixed line concession in December 2005; its investors include India’s Tata Group.

South Africa, Liquid Intelligent Technologies South Africa

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.