How much South African mobile network operators’ spectrum is worth

An analysis by Daily Investor revealed that Vodacom, MTN, Cell C, Telkom, and Rain’s combined spectrum assets are worth between R39 billion and R50 billion.

Spectrum auctions, like the one the Independent Communications Authority of South Africa concluded last year, are highly competitive, with billions spent to secure these licenses. ICASA chairperson Keabetswe Modimoeng said 306 Mhz was sold. The only unsold spectrum was one lot of 2 x 10MHz in the IMT800 Band.It made it possible to calculate how much a megahertz of spectrum in specific bands is worth. In turn, it is possible to put a value on the spectrum assets of mobile operators.

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