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MTN acquires Liquid Telecom fibre route

MTN acquires Liquid Telecom fibre routeBy MTHULISI SIBANDA
JOHANNESBURG– MTN has concluded a transaction with Liquid Telecom to purchase almost 400 kilometres of both long distance and metro fibres connecting Pretoria and Polokwane.

The value of the transaction was not disclosed.

The purchase agreement is said to mark a significant milestone in MTN’s self-provisioning strategy and the company’s quest to build its own transmission network, thus further augmenting the operator’s plans of providing its customers with high speed connectivity.

The route forms part of the National Long Distance fibre network, a consortium-led initiative that saw a number of operators in partnership with the South African national Road Agency Limited (SANRAL) trench thousands of kilometres across the country to deploy a terrestrial fibre network connecting Gauteng to both Cape Town and Durban.

This fibre optic route, which Liquid Telecom built, supports hundreds of Gbps (millions of bits or megabits per second) of traffic and is scalable to meet future requirements.

Devan Chetty, General Manager of MTN South Africa said MTN’s acquisition of the asset marked a significant step in MTN’s quest to building its own transmission network while optimising both cost and efficiency.

Once completed, MTN’s National Long Distance Transmission Network would offer significantly larger bandwidth which will considerably increase data transfer speeds for all users, offer lower latency and improved network resilience.

“This acquisition nudges us closer towards the attainment of our vision of leading the delivery of a bold, new digital world and will go a long way towards making our customers lives a whole lot brighter,” said Chetty.

Willem Marais, Chief Executive Officer of Liquid Telecoms said the transaction represented a meeting of minds and reflects the shared values of both Liquid Telecom and MTN.

“We hope that this deal heralds future cooperation in this space that will be underpinned by a common desire to provide our customers with an improved experience,” said Marais.

CAJ News

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