Liquid Telecom, RBH to Acquire Neotel

June 28th, 2016 by · Leave a Comment

There was some interesting M&A over in Africa today.  The pan-African network operator Liquid Telecom has teamed up with the investment group Royal Bafokeng to acquire Neotel from India's Tata Communications.  The deal comes after a purchase of Neotel by Vodacom failed to get past regulatory hurdles.

The purchase price will be about $429M and RBH will hold a 30% stake in Neotel.  If it goes through, it will bring together longhaul, regional, and metro networks spanning a combined 40,000km from South Africa up to Kenya.  Here are the two company's network maps side by side:

Liquid Fibre Map NB Sept15 Neotel-fibre-map

South Africa is the lynchpin of an eventual expansion along the western coast of Africa for Liquid.

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Categories: Fiber Networks · Mergers and Acquisitions

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