Convergence Partners, the investment management firm controlled by Dimension Data Middle East and Africa chairman Andile Ngcaba, has raised US$145m (about R1,5bn) in the “first close” of a new sub-Saharan Africa-focused communications infrastructure fund
Browsing: FibreCo
Dimension Data, the Johannesburg-headquartered IT services group owned by Japan’s Nippon Telegraph and Telephone, wants to become a much more active player in South Africa’s mobile communications industry and has been involved in talks about potential deals that will help it do this
Talk of consolidation in the telecommunications industry is rife, with speculation growing that a number of operators are either in play or may soon be. But how might a flurry of mergers and acquisitions play out? At the centre of current speculation is Neotel. Licensed
Open-access telecommunications infrastructure company FibreCo is turning its attention to its next big project after completing construction of a fibre-optic link between Johannesburg and East London. The 1 000km Johannesburg to East London route, which follows
Musa Phungula, the man behind a new subsea cable that will link similar systems landing at Mtunzini in KwaZulu-Natal and Yzerfontein north of Cape Town, plans to build two huge, 6000sq m data centres to house servers for international content companies and local telecommunications operators
Within the space of a week, all of SA’s four cellular operators have outlined plans to build fourth-generation (4G) mobile broadband networks based on long-term evolution (LTE) technology. But it’s more a marketing effort for now and consumers shouldn’t get too excited
Dimension Data Middle East & Africa chairman Andile Ngcaba is reinvesting all of his proceeds from the black economic empowerment (BEE) deal he struck with the company in 2004 now that it has vested. The total value of the transaction
FibreCo, the fibre-optic telecommunications infrastructure provider co-owned by Dimension Data’s Internet Solutions, Cell C and Convergence Partners, will begin work on the next leg of its network in the next three months to link the coastal cities of East London, Cape Town and Durban. The company
Dimension Data division Internet Solutions and Convergence Partners, the telecommunications investment vehicle controlled by Didata Africa chairman Andile Ngcaba, are jointly establishing a new business, called SpectraCo, with a view to possibly building a national wholesale wireless broadband network
Convergence Partners, a telecommunications investment vehicle controlled by Dimension Data Africa chairman Andile Ngcaba, has secured $35m in equity investment from the International Finance Corporation (IFC) for a new communications infrastructure fund. It will use the fund, which