Price: $ 1295 
BMI View: Intense competition in South Africa's mobile market due to increasing market saturation and cuts to the mobile termination rate (MTR) is taking its toll on mobile ARPUs, with available data showing a sharp decline in ARPUs in H113. As there is no end in sight to the ongoing price competition in the basic voice segment, we expect mobile network operators to increase their focus on von-voice services, including mobile data and corporate solutions, in order to sustain revenue growth. The continued delay in the implementation of local loop unbundling (LLU) in the fixed-line sector poses a downside risk to investment and growth fixed voice and data services. Key Data ? The mobile market contracted by 0.2% q-o-q in Q113 following net subscription losses by the two biggest mobile ne ...
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