R2.1 billion worth of spectrum secured by Telkom does not allow it to compete effectively, says Telkom.

JSE-listed Telkom will continue to pursue court action to invalidate the Independent Communications Authority of South Africa (Icasa) spectrum auction, saying the R2.1 billion worth of spectrum it secured does not allow it to compete effectively. During the auction, which took place in mid-March, Telkom won 20MHz of 800MHz spectrum and 22MHz of 3500MHz spectrum for the price of R1.5 billion and R608 million respectively. <a href="https://kaya959.co.za">Kaya 959</a>