Close Menu
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact

Subscribe to Updates

Get the latest technology news from TechFinancials News about FinTech, Tech, Business, Telecoms and Connected Life.

What's Hot

Meet The €2.95M Capricorn 01 Zagato Hypercar Rebel

2026-01-30

Monerohub.io Launches as the Essential Central Gateway to the Monero Ecosystem

2026-01-29

Luxbit.AI Introduces Streamlined Withdrawal Framework to Enhance User Trust and Accessibility

2026-01-29
Facebook X (Twitter) Instagram
Trending
  • Meet The €2.95M Capricorn 01 Zagato Hypercar Rebel
Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp RSS
TechFinancials
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact
TechFinancials
Home»Finance»Broadband Infraco Short Of R2.3bn To Fulfil Corporate Strategy
Finance

Broadband Infraco Short Of R2.3bn To Fulfil Corporate Strategy

Gugu LourieBy Gugu Lourie2025-05-06Updated:2025-05-07No Comments1 Min Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Broadband Infraco
Broadband Infraco
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Broadband Infraco (BBI) has faced years of underinvestment, weakening its market position and financial stability, according to its 2025–2030 Corporate Plan.

Despite prudent cash management keeping the company operational, significant infrastructure investment is needed to drive revenue growth and ensure long-term sustainability.

BBI seeks R380 million to settle debts with Eskom, Transnet and key suppliers, preventing service suspensions that could trigger a crisis.

Additionally, R621 million is needed for medium-term network upgrades, while R1.3 billion will support long-term capacity expansion and service improvements.

Expanding Market Share & Aligning with National Goals

Currently holding 10% of South Africa’s wholesale marke, BBI aims to grow through strategic investments. Its mission aligns with the National Development Plan (NDP), which prioritises nationwide broadband access to reduce poverty and inequality by 2030.

BBI advocates for state intervention to connect underserved areas, emphasizing that public-private partnerships, backed by subsidies and grants, are essential to bridge the digital divide.

BBI’s Mission: Affordable Digital Infrastructure for All

The company is committed to providing cost-effective, innovative digital solutions, enabling government, businesses, and communities to communicate, transact, and transform.

By securing R2 billion in funding, BBI says it can enhance service reliability, expand its network and solidify its role in South Africa’s digital future.

BBI funding Broadband Infraco digital infrastructure Eskom debt National Development Plan South Africa broadband
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Gugu Lourie
  • Website

Related Posts

FSCA Slaps Relocations Group With R12.6M Fine, 15-Year Debarment

2025-12-10

FSCA Debarment & R9M Fine For Bhaca Green’s ‘Forex’ Scheme

2025-12-10

FSCA Revokes Afrimarkets Licence Over Client Fund Misappropriation

2025-12-10

FSCA Levies R197M Fine, 30-Year Debarment in Massive Medbond Fraud

2025-12-10

Telkom’s Dr. Mmaki Jantjies: Innovate Responsibly For Africa’s Ascent

2025-12-01

Building Better Communities: How Small Builders Drive Local Economies

2025-11-28

Vodacom, Starlink To Expand Satellite Internet In SA Pending Regulatory Approval

2025-11-12

Platform Pressure on Finance: How real-time payment rails are rewiring risk, KYC, and liquidity

2025-11-12

The Payment Innovations Helping to Fuel South Africa’s iGaming Industry

2025-11-12
Leave A Reply Cancel Reply

DON'T MISS
Breaking News

Meet The €2.95M Capricorn 01 Zagato Hypercar Rebel

capricorn GROUP (capricorn), the German-based industry leader in automotive and motorsport lightweight technology, presented two…

SARB Holds Repo Rate Steady in Cautious Monetary Policy Decision

2026-01-29

Huawei Says The Next Wave Of Infrastructure Investment Must Include People, Not Only Platforms

2026-01-21

South Africa: Best Starting Point In Years, With 3 Clear Priorities Ahead

2026-01-12
Stay In Touch
  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
OUR PICKS

How a Major Hotel Group Is Electrifying South Africa’s Travel

2026-01-29

Volvo C70: 30 Years Of The Car That Changed The Way Volvo Looked

2026-01-29

The EX60 Cross Country: Built For The “Go Anywhere” Attitude

2026-01-23

Mettus Launches Splendi App To Help Young South Africans Manage Their Credit Health

2026-01-22

Subscribe to Updates

Get the latest tech news from TechFinancials about telecoms, fintech and connected life.

About Us

TechFinancials delivers in-depth analysis of tech, digital revolution, fintech, e-commerce, digital banking and breaking tech news.

Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp Reddit RSS
Our Picks

Meet The €2.95M Capricorn 01 Zagato Hypercar Rebel

2026-01-30

Monerohub.io Launches as the Essential Central Gateway to the Monero Ecosystem

2026-01-29

Luxbit.AI Introduces Streamlined Withdrawal Framework to Enhance User Trust and Accessibility

2026-01-29
Recent Posts
  • Meet The €2.95M Capricorn 01 Zagato Hypercar Rebel
  • Monerohub.io Launches as the Essential Central Gateway to the Monero Ecosystem
  • Luxbit.AI Introduces Streamlined Withdrawal Framework to Enhance User Trust and Accessibility
  • SARB Holds Repo Rate Steady in Cautious Monetary Policy Decision
  • Alleged R1 Billion International Scam Syndicate Members Arrested
TechFinancials
RSS Facebook X (Twitter) LinkedIn YouTube WhatsApp
  • Homepage
  • Newsletter
  • Contact
  • Advertise
  • Privacy Policy
  • About
© 2026 TechFinancials. Designed by TFS Media. TechFinancials brings you trusted, around-the-clock news on African tech, crypto, and finance. Our goal is to keep you informed in this fast-moving digital world. Now, the serious part (please read this): Trading is Risky: Buying and selling things like cryptocurrencies and CFDs is very risky. Because of leverage, you can lose your money much faster than you might expect. We Are Not Advisors: We are a news website. We do not provide investment, legal, or financial advice. Our content is for information and education only. Do Your Own Research: Never rely on a single source. Always conduct your own research before making any financial decision. A link to another company is not our stamp of approval. You Are Responsible: Your investments are your own. You could lose some or all of your money. Past performance does not predict future results. In short: We report the news. You make the decisions, and you take the risks. Please be careful.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.