Pan-African communications provider SEACOM announced the completion of its acquisition of FibreCo Telecommunications, including the approval by the Competition Commission. Now Seacom owns 100 percent shares of FibreCo.
FibreCo owns and operates nationwide fiber Optic network and provides infrastructure and connectivity services across South Africa. The acquisition was made through SEACOM’s affiliate SEACOM South Africa.
FibreCo’s network runs along South Africa’s highest-traffic transmission routes and links all major South Africa cities. With the acquisition of FibreCo, SEACOM completes its “African Ring” by connecting its East and West coast submarine assets with a robust network of trans-South African fiber.
SEACOM connects South Africa to the east coast of Africa, India and Europe through its continent-spanning fiber optic submarine cable system. The current acquisition of FibreCo assets through its affiliate SEACOM South Africa, the group is now able to connect over 60 points of presence across South Africa.
Seacom fiber cable network in South Africa, which is around 4,000 kilometers and provides intercity and metropolitan connectivity now connects major data centers in Johannesburg, Cape Town, Bloemfontein, Durban, Port Elizabeth and East London. The SEACOM South Africa networks connect the SEACOM subsea cable system, which lands in Mtunzini on the South Africa east coast, to the WACS cable, which lands at Yzerfontein, on the country’s west coast.
SEACOM CEO, Byron Clatterbuck
“This acquisition reaffirms SEACOM as the provider of choice to local and international data communications customers by expanding its wholesale portfolio to include dark-fibre infrastructure services in the metro and long-distance marketplace. We also plan to “light-up” the FibreCo national infrastructure, enabling SEACOM to deliver affordable, high speed-internet connectivity and cloud services to bandwidth-starved cities and towns along our new fibre routes. FibreCo’s customers will continue to experience the same high levels of service to which they are accustomed, with the added benefit that SEACOM will make further investment into the network to expand its portfolio of services.”
SEACOM Chief Development Officer, Suveer Ramdhani
“This transaction forms part of SEACOM’s greater growth strategy, which has included several ISP acquisitions, including most recently MacroLan and SAI. While these previous transactions built up both our regional capability and our footprint of on-net buildings in Johannesburg, Cape Town and Durban, the FibreCo network serves as a platform for SEACOM’s enterprise strategy to be extended to the rest of South Africa.”