SEACOM announces strategic acquisition of FibreCo Telecommunications

27-11-2018

P an-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.



Source: www.itweb.co.za


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