Liquid Telecom will extend fibre optic to seven new countries

By professo

The Sh618mn deal will see Liquid Telecom Kenya, the internet service provider, extending its fibre optic cables to seven neighbouring countries.

Liquid Telecom has signed a 10-year contract with state-owned power firm Kenya Electricity Transmission Company (KETRACO) to expand its Optical Ground Wire (OPGW) network.

The contract will allow the South African firm to sell internet in Ethiopia, South Sudan, Uganda, Tanzania, Rwanda, Eastern Congo, and Burundi.

Over the next five years, KETRACO will lay 7,000km of high-voltage lines with fibre optic infrastructure for regional interconnection.

60% of the revenue will go to Liquid Telecom, with the remaining 40% going to KETRACO.

SEE ALSO:

“With Ketraco and Liquid Telecom coming together, we are now taking fibre to where it has never been before while diversifying our company’s revenue base,” stated Fernandes Barasa, KETRACO’s Managing Director.

Liquid Telecom will upgrade, operate, manage and commericalise KETRACO’s 1,800km fibre optic cables on existing power lines.

KETRACO has partnered with third parties to manage its system, allowing it to focus on laying power cables.

It is the advanced communication between generators and control centres that fibre optic provides that is powering this deal.

“We will invest in high-capacity equipment to ensure we achieve the largest data capacity possible and serve the region with fast and stable internet,” commented George Kuria, Liquid Telecom’s Infrastructure General Manager in East Africa.

Share

Featured Articles

Musk’s multibillion hostile Twitter takeover – the timeline

As billionaire entrepreneur Elon Musk buys Twitter for US$44bn, we draw up a timeline, from the buying of shares to the critical tweets and unsolicited bid

Sustainable moves businesses can make to win customers, IBM

With half of consumers saying environmental sustainability is more important today than a year ago, businesses should up their eco action, says IBM report

Banks and consultancies top workplaces to grow career in UK

Financial and professional services firms rank highest in LinkedIn Top 25 best workplaces list – from Barclays, Lloyds and HSBC, to PwC, Deloitte and EY

Top 10 women in technology in Europe

Leadership & Strategy

The value of ESG links sustainability to business returns

Sustainability

Top 10 European football clubs by revenue 2022 – Deloitte

Corporate Finance