Broadband Infraco Integrated Annual Report 2020
INTEGRATED ANNUAL REPORT 2020
The Chairman, Chief Executive Officer (CEO) and Chief Financial Officer (CFO), on behalf of the Board of Directors, present Broadband Infraco’s Integrated Annual Report for the year ended 31 March 2020.
Our reporting is evolving as the Company’s strategic focus, operational priorities and organisational thinking become more integrated, thereby enabling us to remain strategically aligned and responsive to stakeholder interests.
This Report was prepared in accordance with the IIRCs or Framework. We
report on financial and non-financial performance for the year from 1 April 2019 to 31 March 2020, and provide forward-looking information in terms of our short-term, medium-term and long-term strategic outlook, highlighting the material relationships between the stores of capitals that form the basis of our value-creation process.
This Integrated Report should be read in conjunction with the annual financial statements for an all-inclusive, comprehensive view of our financial performance.
About Broadband Infraco
Broadband Infraco SOC is a licensed state owned company in the telecommunications sector. The entity provides long distance national and international connectivity to licensed private sector partners, license-exempt project of national importance and to previously underserviced areas.
It is focused on improving market efficiency in the long distance connectivity segment by increasing available long distance network infrastructure, providing available capacity to stimulate private sector innovation in telecommunications services and content offerings.
The company aims to expand the availability and affordability of access to national and international wholesale broadband connectivity to licensed and license-exempt customers. In addition, it seeks to unlock economic growth in the provinces through the provision of broadband connectivity considering the requirements of the underdeveloped and under-serviced areas.
Braodband Infraco is assisting in enabling national, provincial and regional private and public collaboration and partnerships in the promotion of infrastructure development.