Connecting Africa is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.

Ultra-Broadband

Seacom Acquires South Africa's FibreCo

Article Image
PRESS RELEASE -- Pan-African communications provider SEACOM today formally announced the completion of the 100% acquisition of FibreCo Telecommunications, including the approval by the Competition Commission. FibreCo owns and operates a national fibre network providing infrastructure and connectivity services across South Africa. The acquisition was made through SEACOM’s affiliate SEACOM South Africa.

FibreCo’s network runs along South Africa’s highest-traffic transmission routes and links all major South Africa cities. With the acquisition of FibreCo, SEACOM completes its “African Ring” by connecting its East and West coast submarine assets with a robust network of trans-South African fibre.

SEACOM CEO, Byron Clatterbuck, says ”This acquisition reaffirms SEACOM as the provider of choice to local and international data communications customers by expanding its wholesale portfolio to include dark-fibre infrastructure services in the metro and long-distance marketplace. We also plan to “light-up” the FibreCo national infrastructure, enabling SEACOM to deliver affordable, high speed-internet connectivity and cloud services to bandwidth-starved cities and towns along our new fibre routes. FibreCo’s customers will continue to experience the same high levels of service to which they are accustomed, with the added benefit that SEACOM will make further investment into the network to expand its portfolio of services.”

Adds Chief Development Officer, Suveer Ramdhani: “This transaction forms part of SEACOM’s greater growth strategy, which has included several ISP acquisitions, including most recently MacroLan and SAI. While these previous transactions built up both our regional capability and our footprint of on-net buildings in Johannesburg, Cape Town and Durban, the FibreCo network serves as a platform for SEACOM’s enterprise strategy to be extended to the rest of South Africa.”

Through its continent-spanning fibre optic submarine cable system, SEACOM connects South Africa to the east coast of Africa, India and Europe and will now, through its affiliate SEACOM South Africa, connect over 60 points of presence across South Africa, including major data centres in Johannesburg, Cape Town, Bloemfontein, Durban, Port Elizabeth and East London with 4,000km of owned intercity and metropolitan fibre. The SEACOM South Africa network connects the SEACOM subsea cable system, which lands in Mtunzini on the South Africa east coast, to the WACS cable, which lands at Yzerfontein, on the country’s west coast.

ENDS

Innovation hub

Story

Hot startup of the month: Pan-African fintech KamaPay

This month's hot startup is pan-African fintech KamaPay, which helps individuals and businesses make cross-border payments on the continent.

Story

Afretec awards $3.3M in grants to African research teams

The African Engineering and Technology Network (Afretec) has awarded grants worth $300,000 each to 11 university research teams across Africa to advance digital technologies.

More Innovation hub

Latest video

More videos

Sponsored video

More videos

Industry announcements

More Industry announcements

Flash poll

All polls

Africa Tech Perspectives

Story

Deep dive into East Africa's tech startup ecosystem

New survey reveals a lack of access to investors, reliance on international VCs and global recession trends as the biggest barriers for East African tech startups to access funds.

Story

Challenges and opportunities for women's tech careers

A new survey reveals that COVID-19, the cost-of-living crisis, skills shortages and a lack of mentorship have negatively affected women's career development over the past two years.

Story

Survey: Opportunities for Women in Tech

Take our new survey for women across Asia, Europe and Africa looking at the biggest challenges and opportunities for women-led enterprises and trends in tech careers for women.

More AfricaCom perspectives

Upcoming events

London Tech Week
June 13-16, 2023
Queen Elizabeth II Centre, Broad Sanctuary, London SW1P 3EE
Cybertech Africa 2023
August 1-2, 2023
Kigali Convention Center, Kigali, Rwanda
Africa Tech Festival, Home of AfricaCom and AfricaTech
November 13-16, 2023
CTICC, Cape Town
More Upcoming events

Guest Perspectives

Story

Omdia View: February 2023

By Omdia Analysts

In February 2023 key events in the Middle East and Africa included a major Internet project for Africa's underserved by Liquid Intelligent Technologies and Microsoft as well as a 5G launch in Tanzania – that and more in this month's Omdia View.

Story

Omdia View: July 2022

By Omdia Analysts

Kenya and Zambia move towards 5G with new spectrum allocations while Tunisie Telecom plans to shut down its 3G network - that and more in this month's Omdia View.

More Guest Perspectives

Partner perspectives

All Partner Perspectives

Like us on Facebook

Newsletter Sign Up


Sign Up