Neotel launches uncapped LTE
Neotel has announced the launch of its fixed wireless Long Term Evolution (LTE) service at an event at its headquarters in Midrand today (21 August 2013).
Neotel has priced the service between R999 and R2,899 per month, at speeds between 2Mbps and 10Mbps.
Subscribers will pay a R1,500 non-recurring installation fee, and then a monthly fee depending on the speeds they want:
- 2Mbps at R999/month;
- 5Mbps at R1,799/month; and
- 10Mbps at R2,899/month.
The service is uncapped and unshaped, Neotel said.
The launch comes after the network operator earlier this year revealed that it plans to launch commercial LTE services in September 2013.
In a statement accompanying the launch, Neotel confirmed that it would start its commercial offering in a concentrated area of Gauteng with 50 base stations, using spectrum on the 1,800MHz band.
Rumours have been swirling around the industry that Neotel is up for sale and that mobile network operators have expressed interest in the company.
Earlier this month, two independent industry sources close to the negotiations told MyBroadband that Vodacom is performing due diligence on Neotel.
More on Neotel
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Vodacom last man standing in Neotel acquisition?
Vodacom closer to Neotel purchase: sources
Neotel to launch LTE in September
Vodacom tight-lipped over Neotel rumour
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