Convergence Partners is an investment management and advisory firm, focused on the telecommunications, media and technology sector in emerging markets, with a principal focus on Africa.

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FibreCo breaks ground on its fibre optic cable network

May 7th, 2012 | admin
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At a sod turning held today in Bloemfontein, FibreCo Telecommunications (FibreCo) broke-ground to start the construction phase of its much anticipated long-distance fibre optic network, which is set to revolutionise telecommunications in South Africa. The Company will invest up to R5 billion in infrastructure over the next five years, with a vision of ultimately building a network of over 12,000 km.
Construction has commenced on a 2,000 km link between Johannesburg and Cape Town, to be connected through Bloemfontein, East London and Port Elizabeth, and providing access to a wide range of rural and smaller urban areas along the route.