mmegi

BTC losses P29million to cable theft

BTC head office building
BTC head office building

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.

Editor's Comment
Consult, get buy-ins first for 6 to 6 policy, Hon Minister

While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...

Have a Story? Send Us a tip
arrow up