MTN, Firm Plans New $320 Million Fiber Cable Network.

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The Africa’s biggest mobile-phone operator, MTN Group Ltd has recently plan to build a $320 million inland fiber cable connecting ten countries, as telecommunications companies even as they push expansion of service to the continent’s growing population.

 

The Johannesburg-based firm, through its MTN GlobalConnect unit and the Africa50 infrastructure investment agency, confirms its plan to start building the East2West link in the fourth quarter, MTN said in a statement

 

CBN

This project MTN assured will add about 20,000 kilometers (12,400 miles) of new cable and interconnect over 100,000 kilometers of fiber, it said.

 

It was noted that for MTN, the deal will follow its recent venture to build a sub-sea cable that landed in South Africa’s Cape Town late last year as part of a push to connect African countries to Europe and the Middle East.

 

(BusinessDay)

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