Sunday, March 29, 2009

Telecoms Invest Big for World Cup

Private investment in telecommunication infrastructure from Telkom will top $36 million, in addition to the nearly $100 million dedicated from the government.

Telkom South Africa planned to spend $36 million (R340 million) on telecoms infrastructure for the 2010 World Cup, Melusi Mthethwa, the executive in charge of the fixed-line operator's 2010 project office, said yesterday.

The government would spend R950 million on communications for the event.

Source:

$36m budget for 2010

Sapa
March 26, 2009