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.

    Selected Tag > fibre optic

FibreCo completes first 600 km of R5 billion broadband network

September 13th, 2012 | admin
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FibreCo Telecommunications, a joint venture between Cell C, Convergence Partners and Internet Solutions, has passed the halfway mark of the first link of its R5-billion national fibre-optic broadband network. The company said that the construction of 600 km of the targeted 1 000 km stretch from Johannesburg, through Bloemfontein, to East London has been completed.

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.

Plessey targeting new infrastructure opportunities

January 24th, 2012 | admin
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Howard Earley, COO of Plessey, a Convergence Partners investee says that Plessey has identified the opportunities that exist and need for a next-generation service provider with the ability to build the infrastructure required by the fast growing communications industry.

Seacom’s network expansion plans and growth strategy will parallel Africa’s increasing telecommunications demand

December 8th, 2011 | admin
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Convergence Partners investee, Seacom, reports that, in 2012, it will upgrade its East African submarine cable and increase capacity to meet rising demand from the African continent.
In addition, Seacom will be expanding its core backhaul routes, such as the network between Johannesburg and Mtunzini, in KwaZulu-Natal, and the Marseilles to London cable.

Seacom awarded “Best Pan African Initiative” at the AfricaCom Awards 2011

November 18th, 2011 | admin
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SEACOM and MAIN One, the only two privately funded and open-access based African submarine fibre optic cable systems, were awarded “Best Pan African Initiative” at the AfricaCom Awards 2011 ceremony held in Cape Town, South Africa, last week. The award recognises an initiative taken by an organisation or a group of organisations to improve telecommunications services at a regional or continental level.
Main One Chief Executive Officer, Funke Opeke, explained: “Through this partnership, Main One and SEACOM have extended their individual cable systems to the opposite coasts of Africa without the efforts required to construct brand new routes.

FibreCo awards fibre optic network construction contract to technology Giant ZTE

September 23rd, 2011 | admin
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FibreCo Telecommunications (“FibreCo”), a joint venture between Cell C, Convergence Partners and Internet Solutions, announced the awarding of a contract for construction of its nation-wide open-access fibre optic network. FibreCo’s objective is to facilitate affordable and reliable high-speed Internet access for South African citizens and businesses.

FibreCo to develop state-of-the-art, open access long distance fibre optic transmission in SA

November 16th, 2010 | admin
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FibreCo Telecommunications (“FibreCo”), a partnership between Cell C, Internet Solutions and Convergence Partners, announced today that it will be developing an open-access long-haul terrestrial fibre optic broadband network as an answer to the need for national transmission infrastructure to meet the nation’s aspirations for world-class broadband connectivity.
FibreCo brings the ability to fund, deploy and manage a cost-effective high speed long-haul fibre network which will support the explosive growth in bandwidth requirements of the country anticipated over the coming years.

New Dawn Satellite on track for launch

April 19th, 2010 | admin
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New Dawn, the first of its kind joint venture between Convergence Partners and Intelsat, is on track to launch its $250m geostationary communications satellite, which is targeted at the African market, by the end of the year, Flavien Bachabi, vice-president for Intelsat Africa said yesterday, 13 April 2010.

SEACOM Goes Live

July 23rd, 2009 | admin
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Undersea fibre optic network ready to deliver unprecedented capacity and connectivity to Africa

Investment in SEACOM

November 14th, 2007 | admin
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SEACOM Closes Financing, Starts Full Construction of Undersea Fiber Optic Cable