Thursday, June 4, 2026
26.5 C
Lagos

Intelsat Partner AfricaOnline on Broadband for Sub-Saharan Africa

Communication satellite services provider Intelsat SA signed with Gondwana International Networks subsidiary AfricaOnline, a partnership agreement to provide Broadband Internet service across sub-Saharan Africa.
While Intelsat will provide satellite services via its Intelsat 28 satellite, AfricaOnline will provide ground support and network management services from Hartebeesthoek in South Africa, to deploy the internet services.
By sharing charges, the two firms will reduce their operating costs and focus on the service they provide customers, as Virtual Network Operators (VNO).
“We want to be the leading VSAT services provider across Africa and this collaboration with Intelsat allows us to boost our portfolio of services. The upfront capital commitment and ongoing fixed operating cost structure of Ku-band VSAT has constrained expansion of services in Africa. A managed VNO platform allows for increased economies of scale, both in terms of capex and opex, and is a giant step forward in bringing cost-effective connectivity to Africa,” said Mathew Welthagen, CEO of Gondwana International Networks.

spot_img
spot_img
spot_img
spot_img

Hot this week

Former Power Minister, Barth Nnaji, to Grace SUPERNEWS Confab as Special Guest of Honour

The Chairman, Geometric Power Limited and former Nigerian Minister...

IFC, NGX Group, LCCI Unveil Nigeria Gender Country Program at CEO Roundtable

The International Finance Corporation (IFC), Nigerian Exchange Group (NGX...

NAICOM Chief Leads Delegation to Abia State, Pledges Partnership on Policyholders Protection, Economic Growth

The Commissioner for Insurance, National Insurance Commission (NAICOM), Mr....

BGT Awards Contracts for Three Newbuild LNG Vessels

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria...

Topics

The Anti-corruption War: How Far Can Buhari Go?

From all indications so far, President Muhammadu Buhari is proving to be a man of his word. Indeed, it is worth recalling that throughout the period he contested for the presidency over the years and the 2015 electioneering campaign in particular, waging war on corruption was one of his key policy points.

Unity Bank Introduces USSD in Nigerian Languages

Unity Bank Plc has launched an Unstructured Supplementary Service...

SMILE Targets Innovation, Service Excellence to Drive Growth

Smile Communications Nigeria Limited has reaffirmed its unflinching commitment...

Moroccan Insurer, SAHAM, Acquires Continental Reinsurance Plc

Moroccan insurance company, Saham Finances announced, in a communiqué published on 16thSeptember, 2015, the acquisition of 53.6% of the capital of Continental Reinsurance PLC, a reinsurance company operating in 44 African countries. Saham, which did not reveal the cost of the transaction, specified having bought a majority shareholding in the company headquartered in Nigeria from private equity firm, Emerging Capital Partners (ECP Fund II), which controlled Continental Reinsurance for about a decade.

Diamond Bank Gasping for Breath as Key Indices Slide

These are difficult and challenging times for Diamond Bank Plc as major operational indices slide as at the end of 2014 financial year and first quarter of 2015. The downward looking indices include Capital Adequacy Ratio (CAR), Net Interest Margin (NIM), Profitability, Gross Earnings and Net Margin, while the bank harvested hikes in Cost to Income Ratio (CIR), Cost of Funds (CoF), Operating Expenses and Impairment Charges.

Interswitch Unveils Financial Inclusion Initiative

Interswitch, Africa’s leading Digital Payments and Commerce Company has...

Dangote Cement Denies Running Sales Promo, to Prosecute Peddlers of Falsehood

Management of Dangote Cement Plc has denied reports in...
spot_img

Related Articles

Popular Categories

spot_imgspot_img