Seacom In Deal To Supply Broadband Capacity To Ethiopia

JOHANNESBURG -(Dow Jones)- The Seacom undersea fiberoptic telecommunications cable has secured a contract from Ethiopian Telecommunications Corp. to supply international broadband capacity via a link through Dijibouti, the privately- funded company said Thursday.

–snip– Seacom is a 17,000 kilometer submarine cable launched in July that aims to connect eastern and southern African countries to the rest of the world via India and Europe.

The company is almost 77% owned by African investors, including an arm of the Aga Khan Fund for Economic Development, Venfin Ltd., Convergence Partners and Shanduka Group. The remainder is owned by Herakles Telecom LLC.

http://www.nasdaq.com/
http://www.totaltele.com/

Author: ismailimail

Civil society media.   Find Ismailimail blog on Facebook, Twitter and Google+.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s