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    Home»News»African broadband market gets busy over soaring data demand
    News 2 Mins Read

    African broadband market gets busy over soaring data demand

    mmBy ITPulseMarch 6, 2018
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    NigeriaCom, Broadband, Finance, Internet, Africa
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    By Martin Ekpeke

    As a result of increased demand for data services, key players in the African telecom and broadband infrastructure are jostling for mergers, acquisitions, IPOs, investment and financing activity, news provider, TMT Finance report.

    This is even as an urgent requirement for new investment into telecom and broadband infrastructure in Africa is driving a fresh flurry of deal activity across the continent.

    According to Joseph d’Arrast, EMEA Editor, TMT Finance, the continent’s growth in the digital economy and the rising demand for data is helping to boost investor confidence in major broadband projects, of which there are many currently underway or in the pipeline. “In response to this, many telcos, investors and specialised operators are looking to plough significant amounts of money into key projects, with a number of IPOs, new capex financing and M&A also in the pipeline,” he said.

    d’Arrast noted that this is why TMT Finance is organizing panel dedicated to discuss the next wave of opportunities, where chief executives and leading heads of finance and strategy from Africa’s key broadband infrastructure companies, private equity investors and telecom operators will meet later this month.

    The TMT Broadband Infrastructure panel, which will discuss strategies for regional growth, includes: Nic Rudnick, CEO, Liquid Telecom; Brandon Doyle, CEO, Convergence Partners; Byron Clatterbuck, CEO, SEACOM; Brian Jakins, Managing Director of Africa, Intelsat; and Thomas Hintze, CEO, Wananchi Telecom; and will be chaired by Keith Webb, Investment Banking, Infrastructure Finance, Rand Merchant Bank.

    Over 70 key speakers have been announced for the event, with CxOs and senior executives also confirmed from companies including Vodacom, Telkom BCX, MTN, Standard Bank, American Tower Corp, Millicom, Google, Econet Wireless, MainOne, Teraco, Alcatel Submarine Networks, DLA Piper, IFC World Bank, Rack Centre, Investec Asset Management, Citi and Credit Suisse.

    Other key session themes announced include: Telecom Leadership Africa; Digital Africa; Mobile Tower Strategies; Mergers and Acquisitions; Private Equity Africa; Spectrum sharing; Regulation and Policy; Financing TMT; Investing in Mobile Data and Services; Mobile Payments and Banking, Fintech and M-Health; and Media and Convergence.

    Africa Broadband Internet TMT Finance
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