South Africa needs market consolidation, says MTN CEO

Market Consolidation - The telecommunications industry in South Africa has too many players for the available profit pools, suggesting a need for market consolidation [1] - The industry encourages authorities to consider consolidation examples like India, which reduced operators from 14+ to 3, resulting in improved digital infrastructure investment and sophistication [1] - Market consolidation in South Africa is believed to be inevitable [1] Regulatory Environment - Recent news flow, particularly around Vodacom CIBH, is encouraging as competition frameworks are being re-evaluated to attract investment [2]