Table of Contents
- 1 Which market structure do MTN and Vodacom represent explain?
- 2 Which network is better between Vodacom and MTN?
- 3 Which mobile network is used in South Africa?
- 4 How many clients does Vodacom have in South Africa?
- 5 Is MTN better than Telkom?
- 6 Which network does Telkom use?
- 7 Is monopoly elastic or inelastic?
- 8 Why monopoly is price maker?
Which market structure do MTN and Vodacom represent explain?
2.3 Oligopoly/ Duopoly Both Vodacom and MTN have market shares of at least 35%.
Which network is better between Vodacom and MTN?
MTN reigned supreme with a Network Quality Score of 9.73, followed by Vodacom on 5.65, Telkom on 5.17, Cell C on 4.36, and Rain on 3.40. The table below provides an overview of the mobile network rankings in South Africa.
Which mobile network is used in South Africa?
The network quality score out of 10 then shows how a network performed in relation to other networks. The results show that MTN was ranked first with a network quality score of 9.79, followed by Vodacom on 5.72, Telkom on 5.19, Cell C on 4.16, and Rain on 3.61.
Which is the leading network in South Africa?
MTN
MTN has once again been recognised as the best mobile network in South Africa, according to the latest Mobile Network Quality Report by MyBroadband.
Do monopolists always make economic profits?
Monopolists always make economic profits. Monopolists are price takers. In general, if a perfectly competitive industry is taken over by a monopolist, it will charge a lower price and produce a larger quantity of output.
How many clients does Vodacom have in South Africa?
In 2019, Vodacom had 43.2 million mobile subscribers.
Is MTN better than Telkom?
MTN boasted the highest average download speed, with its rivals considerably far behind: MTN – 68.79Mbps. Vodacom – 39.37Mbps. Telkom – 29.24Mbps.
Which network does Telkom use?
Technology. The Telkom network provides voice and data products and services over a unified 2G / 3G network. Telkom has launched LTE on the 2300 MHz frequency band offering speeds of up to 100Mbit/s.
Which sector does MTN and Vodacom operate?
Mobile market in South Africa is controlled by four cellular providers: Vodacom, MTN, Cell C, Telkom (Mobile), which is run by Telkom, With Vodacom and MTN controlling the 75% of the market share, ICASA considers that mobile brand services are highly concentrated in the country.
Is Telkom network good?
The mobile networks are ranked according to customers’ social media conversation on the provider’s pricing, network quality, and customer service. Telkom was ranked second last for its data pricing and weak network coverage.
Is monopoly elastic or inelastic?
The most significant distinction is that a monopoly has a downward sloping demand instead of the “perceived” perfectly elastic curve of the perfectly competitive market.
Why monopoly is price maker?
A monopoly firm is a price-maker simply because the absence of competition from other firms frees the monopoly firm from having to adjust the prices it charges downward in response to the competition. Absent that competitive atmosphere, a sole provider can set the price he or she wants.