{"id":14935,"date":"2012-09-25T16:55:29","date_gmt":"2012-09-25T14:55:29","guid":{"rendered":"http:\/\/www.myza.co.za\/09\/update-1-mtn-to-raise-s-africa-capex-by-40-pct-in-2013\/"},"modified":"2012-09-25T16:55:29","modified_gmt":"2012-09-25T14:55:29","slug":"update-1-mtn-to-raise-s-africa-capex-by-40-pct-in-2013","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-mtn-to-raise-s-africa-capex-by-40-pct-in-2013\/","title":{"rendered":"UPDATE 1-MTN to raise S.Africa capex by 40 pct in 2013"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(Adds details)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, Sept 25<\/span> (Reuters) &#8211; MTN Group plans<br \/>\nto spend 7 billion rand ($846.54 million) on its South African<br \/>\nnetwork in 2013, a 40 percent increase from the current year,<br \/>\nthe telecoms operator said on Tuesday.<\/p>\n<p><span><\/span><\/p>\n<p>MTN, Africa&#8217;s largest mobile phone services provider, also<br \/>\nsaid it is &#8220;exploring the possibility of switching on&#8221;<br \/>\ncommercial long term evolution, or so-called 4G technology, in<br \/>\nthree South African cities within 2012.<\/p>\n<p><span><\/span><\/p>\n<p>The company said in a statement its 3G coverage is close to<br \/>\n65 percent.<\/p>\n<p><span><\/span><\/p>\n<p>At 1336 GMT, MTN shares were up over 1 percent at 161.99<br \/>\nrand, compared with 0.5 percent decline by the Top-40 index<br \/>\n.<br \/>\n($1 = 8.2690 South African rand)<\/p>\n<p> (Reporting by Helen Nyambura-Mwaura; editing by David Dolan)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Adds details) JOHANNESBURG, Sept 25 (Reuters) &#8211; MTN Group plans to spend 7 billion rand ($846.54 million) on its South African network in 2013, a 40 percent increase from the current year, the telecoms operator said on Tuesday. MTN, Africa&#8217;s largest mobile phone services provider, also said it is &#8220;exploring the possibility of switching on&#8221; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-14935","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/14935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=14935"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/14935\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=14935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=14935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=14935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}