News Formal

MTN’s Bayobab and Africa50 in R6bn African fibre investment drive

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Ireland News News

Partnership’s network will connect Africa’s eastern and western shores

MTN is expanding one of Africa’s largest fibre networks as it signed a deal with an infrastructure investment company worth more than R6bn in the next two years.

The group’s newly rebranded infrastructure unit Bayobab — formerly MTN Global Connect — has entered into a partnership with Africa50 to develop Project East2West, “a terrestrial fibreoptic cable network connecting the eastern shores of Africa to those on the continent’s west”...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vodacom slashes dividend on investment push in Egypt, fibreVodacom slashed its full-year dividend for fiscal 2023, as Africa’s biggest phone operator by value plans investments in new ventures in Egypt, Ethiopia and its fibre business. Moneyweb VodacomDividend
Source: Moneyweb - 🏆 5. / 77 Read more »