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BTC losses P29million to cable theft

Tuesday, December 27, 2022 | 1720 Views |

The escalating copper cable theft has costed Botswana telecommunications Corporation (BTC ) about P29 million.

According to the group' s financial results for the six months ending 30 September 2022, the financial perfomance for the period was depressed by an escalation in replacement costs for stolen copper from their network.

BTC Managing Director, Anthony Masunga, said they have since intensified efforts and increased its capital budget towards building alternative technologies to replace the copper network investments.

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