In the next months, Africa could hope for cheaper bandwidth price. Why ? .. Yes, right, SEACOM system shall be ready in the next couple of weeks. And they promised "We'll start the price war!". Well, I think there is currently still a few players on this business in Africa, means: the price would not be dropped very significantly. The "real" price war would happen if the other new systems connecting Africa to other regions are completed, which is likely to be happened after 2010. Any contra arguments ? :-D
Showing posts with label SEACOM. Show all posts
Showing posts with label SEACOM. Show all posts
Monday, May 25, 2009
Tuesday, October 21, 2008
SEACOM
SEACOM:
- Investors: Herakles (backed by Blackstone); Aga Khan Fund for Economic Development (founded by Prince Karim Aga Khan IV of Pakistan) through IPS; Venfin (led by South African Johann Rupert); Convergence Partners (led by former South African DoC DG Andile Ngcaba); Shanduka (led by South African Cyril Ramaphosa); Neotel (has pledged ZAR 20 million for cable station)
- CAPEX/Cost : approx. USD 650 mn
- RFS : June 2009
- Financing arranged by Nedbank and Investec
- Suppliers/Contractors : Tyco
- Length 15,000 km
- Links Southern and East Africa, Europe and South Asia
- Capacity : 2 FP, 1.28 Tbps design
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