network in south africa

every quarter peels away more information regarding South Africa.

Today the market was informed QTK are building a network in Johanessburg and Capetown with an amount of up to $2.9m being spent there in the quarter to December 31st.

This is significant news as it was never stated previously where and how extensive the network would be in South Africa.


The network expenditure in South Africa was flagged in the con note raising.....however the detail was never advised.

Now for the other shoe to drop.........who is the partner???????

then the details of what financial arrangements between the parties.

I hold the view there is no way QTK would spend anything like it has in South Africa without a contract or MOU with a significant player.