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Browsing: Liquid Telecom
Facebook and Liquid Intelligent Technologies are extending their reach in Africa by laying 2 000km of fibre in the Democratic Republic of Congo.
A 24Tbit/s submarine telecommunications system connecting South Africa to the islands of Madagascar, Reunion and Mauritius has gone live and is carrying Internet traffic between the countries.
Liquid Intelligent Technologies South Africa – the company formerly known as Liquid Telecom South Africa, and before that Neotel – said on Monday that it has completed two new fibre routes between Durban and Cape Town.
Old Mutual’s private equity unit has acquired a stake in a second data centre in sub-Saharan Africa as it expands to take advantage of a shortfall in cloud storage capacity on the continent.
Liquid Telecom, majority owned by African telecommunications tycoon Strive Masiyiwa, raised $840-million in a bond sale to refinance debt and expand further into Africa.
Liquid Telecom Group has acquired the Middle East & Africa operations of Quattro Business Solutions, a company that specialises in Microsoft Dynamics enterprise software.
MTN South Africa has become the second telecommunications operator to take the industry regulator, Icasa, to court over the upcoming spectrum auction.
Telkom CEO Sipho Maseko said on Tuesday that the company has briefed its lawyers to “consider and advise” on its available options given its deep unhappiness with Icasa’s invitation to apply for broadband spectrum.
Liquid Telecom has raised $307-million through a rights issue to fund a rapid expansion of its data centre business across Africa.