SEACOM invests USD 15mn in South African infrastructure.

By bne IntelliNews July 26, 2011
Private equity venture SEACOM said it has invested ZAR 100mn (USD 14.8mn) in additional South African infrastructure to meet the continuous high growth in demand for broadband services and applications. The investment includes the purchase of physical optical fibre links from Dark Fibre Africa (DFA) as well as installing the equipment required for SEACOM to manage the network linking KwaZulu Natal's coast, the company said in a statement. Initially, 100 Gigabit per second of the fibre will be lit and a further 20 waves are expected to be lit within the next 12 months. The SEACOM submarine fibre optic network system was launched on 23 July 2009. The cable network serves to directly connect South Africa and Eastern Africa with Europe and Southern Asia, covering a distance of over 17,000 km worth of fibre optic technology.
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