MTC schedules second phase of its asset disposal roadshow

The Metropolitan Trading Company (MTC) has scheduled phase two virtual public meetings to engage the public and service providers from 24 to 26 February 2021.

This follows the successful hosting of MTC’s first public participation in August 2019 in all seven regions of the city of Joburg to engage the public about the commercial value of the company’s broadband.

The main aim of the public meetings was to give insight into the process being undertaken to unlock the commercial value of the MTC broadband network.

The sale of the asset will allow MTC to advance its service offerings and continue to deliver on its mandate, which is to provide reliable ICT services to the City and its residents. The benefits derived from the sale, which form part of the Service Level Agreement (SLA) will assist MTC to be at the forefront of an evolving digital space. This will allow MTC to be a digital and Smart City enabler for the City, its entities, and citizens by focusing only on commercialisation whilst leveraging the service provider’s network to provide services.

After all processes of advertising the sale of the asset through the tender number A34-2018/2019 on the 20 Of May 2019 and public engagements done in all the regions, a compliant service provider has now been identified.

The preferred service provider responded to the tender for the existing telecommunications network of MTC as stipulated in the request for proposal tender number A34-2018/2019 and entered into an agreement of sale for the intended purchased of the network. 

MTC has now scheduled as guided by section 33 of the MFMA, a public participation meeting to engage its residents and solicit their input into the SLA that will be signed between MTC and the service provider. The meetings will commence on the 24th of February to the 26th of February 2021. These meetings will be conducted virtually so as to comply with Covid-19 regulations, and it will cover all seven regions of City of Joburg.

The meetings will cover multiple regions per day, 24th February will be Region B and F, Region C and E on the 25th February and concluding with Region A, G and D on the 26th February 2021.

The public will be able to join the scheduled virtual public participation meetings using links which will be communicated via social media, SMS, email, and other communication platforms.

The public is encouraged to read the documentation pertaining to the purchase of the broadband network asset on the MTC website

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