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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
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Broadband Infraco
Broadband Infraco
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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
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