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Pan-African Operator Seacom Acquires Fibreco

Pan-African Operator Seacom Acquires Fibreco Image Credit: Telefonica

Pan-African telecommunications service provider, SEACOM, announced the conclusion of a sale agreement for the 100% acquisition of FibreCo Telecommunications by its affiliate SEACOM South Africa.

FibreCo owns and operates a national open access dark fibre network, providing infrastructure, connectivity and services across South Africa. The acquisition is subject to approval by the South African Competition Commission.

This acquisition represents another major milestone towards SEACOM achieving its vision to expand its African footprint through the consolidation of fibre assets.  SEACOM believes this is necessary for the evolution of the market, particularly as we move into the 5G environment with its requirement for pervasive fibre networks.

SEACOM connects South Africa to the east coast of Africa, India and Europe and FibreCo connects over 60 points of presence across South Africa, including major data centres in Johannesburg, Cape Town, Bloemfontein, Durban, Port Elizabeth and East London. 

FibreCo’s network also connects the SEACOM subsea cable system (which lands in Mtunzini on the east coast of South Africa) to the WACS cable (which lands at Yzerfontein, on the west coast of South Africa), enabling fully redundant high-speed ring protection for diversity around the African continent.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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