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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Old Mutual and Dimension Data sign major outsourcing deal

July 12th, 2011 | admin
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Convergence Partners’ investee company, Dimension Data, supported by its partner Telkom has signed a comprehensive Information Technology (IT) outsourcing contract with the Old Mutual Group, to enable its business strategy and improve competitiveness.

Seacom continues African expansion in Mozambique and Zimbabwe

June 24th, 2011 | admin
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Convergence Partners investee company, Seacom has signed a master services agreement with Telecomunicações de Moçambique (TDM), the leading telecommunications service provider in Mozambique, which gives it access to the largest and most distributed fibre optic network in Mozambique as well as a diverse route into Zimbabwe and additional border presence into Malawi and South Africa.

Convergence Partners staff visit Siyabuswa Youthzone

May 24th, 2011 | admin
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Convergence Partners, a strategic partner of the Foundation for a Safe South Africa (FSSA) and its innovative Youthzone projects, visited the project site in Siyabuswa, Mpumalanga. FSSA endeavours to prevent crime in South Africa through substantive investment in the social fabric of our society by promoting tolerance and mutual respect. They do this by creating a sustainable cross-cultural network that enables communities to help one another in building safe and empowering societies.
On Friday, 13th May 2011, the Convergence staff met with members of the Siyabuswa community, in particular the soccer players and netballers as well as executives from FSSA to handover a donation of footballs and netballs equipment for the local teams.

Plessey in accord with Dark Fibre Africa to boost broadband

April 12th, 2011 | admin
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Dimension Data subsidiary Plessey has won a R20m contract to install and maintain 11 regeneration sites on Dark Fibre Africa’s fibre cable linking Empangeni on the KwaZulu-Natal north coast and Pretoria in Gauteng.
Plessey chief operating officer Howard Earley says the sites will house equipment that will pick up any data on the fibre and rebroadcast it using a booster to make sure that data degradation doesn’t occur.

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.

Comsol comments on current trends in wireless network applications and ownership models

November 16th, 2010 | admin
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Convergence Partners’ investee company, wireless telecommunications company Communications Solutions (Comsol), made some observations on current trends in wireless network applications and ownership models in a recent article in Engineering News.
Comsol reports that wireless ?telecoms networks and their maintenance are a growing focus among private clients, as the costs of owning and maintaining a private network soar.