Spotlight on African broadband services on TMT Finance Africa 2018

broad afAfrican countries focus on accelerating broadband services in the region. (Image source: Michal Jarmoluk/Pixabay)TMT Finance Africa 2018 will be held in London on 19 September 2018, featuring a dedicated panel on broadband leadership to discuss strategies for regional growth

The transition from voice-centric to data-centric business models for African telecommunications and broadband companies is driving change in the industry and is helping to evolve investing strategies, according to global news and leadership events provider TMT Finance.

Joseph d’Arrast, EMEA editor at TMT Finance, said, “The increasing demand for data services and attractive revenue growth opportunities are fuelling a wave of transactions in African broadband. To answer this demand, fibre companies are attempting to scale up, both by organic expansion and by acquisition, while a number of private-public partnerships are helping to build network backbones through the continent.”

Some of the speakers on the panel include Thinus Mulder, CEO at Dark Fibre Africa, Nic Rudnick, CEO at Liquid Telecom, Thomas Hintze, CEO at Wananchi Group, Suveer Ramdhani, chief development officer at SEACOM and Anikó Szigetvári, global head at TMT Group, IFC.

Other classes of infrastructure assets including mobile towers and datacentre rollout are also pressing matters for Africa’s TMT sector, according to d’Arrast. “Operators have been assessing a range of IPOs and potential consolidation, as their portfolios expand and telecom operators continue to offload infrastructure. Datacentres are also attracting significant interest with a number of greenfield projects in the pipeline,” he said.

Some of the companies that will attend the event include Orange, IHS Towers, Econet Wireless, Millicom Africa, The Carlyle Group, Standard Bank, PAIX, East Africa Data Centre, Ethos Private Equity, Rack Centre, Jumia, Uber, Intelsat, Huawei, Credit Suisse and World Remit, among others.

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