MTN project to add about 12,400 miles of cable in 10 countries Network will boost internet speeds in landlocked countries
MTN Group Ltd., Africa’s biggest mobile-phone operator, plans to build a $320 million inland fiber cable to connect ten countries, as telecommunications companies push to expand service to the continent’s growing population.
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The Johannesburg-based firm, through its MTN GlobalConnect unit and the Africa50 infrastructure investment agency, will start building the East2West link in the fourth quarter, MTN said in a statement. The project will add about 20,000 kilometers (12,400 miles) of new cable and interconnect over 100,000 kilometers of fiber, it said.
Source:
Bloomberg
