The richest ISP in South Africa is MTN. According to the 2022 annual report by the Independent Communications Authority of South Africa (ICASA), MTN has a market capitalization of R228.15 billion. This makes it the most valuable telecommunications company in South Africa.
MTN is a multinational telecommunications company with operations in 21 countries in Africa and the Middle East. It is the largest mobile operator in Africa, with over 250 million subscribers. MTN also offers fixed-line broadband services in South Africa.
The second richest ISP in South Africa is Vodacom. Vodacom has a market capitalization of R224.62 billion. Vodacom is also a multinational telecommunications company with operations in 14 countries in Africa. It is the second largest mobile operator in Africa, with over 170 million subscribers. Vodacom also offers fixed-line broadband services in South Africa.
The third richest ISP in South Africa is Telkom. Telkom has a market capitalization of R134.6 billion. Telkom is the largest fixed-line operator in South Africa. It also offers mobile services and fixed-line broadband services.
The other major ISPs in South Africa include:
- Cell C
- Afrihost
- Cool Ideas
- Vox Telecom
- MWEB
- Webafrica
These ISPs all offer a variety of internet services, including fixed-line broadband, mobile broadband, and satellite internet. The market for ISPs in South Africa is growing rapidly, and it is likely that the market capitalization of these companies will continue to increase in the years to come.