Paratus expands into DRC

Paratus Group announced its expansion into the Democratic Republic of Congo (DRC). This coincides with the news that Paratus has won, together with DRC based Global Broadband Solution (GBS), the government tender to activate a 620-kilometer fiber optic network link between Muanda, on the West Coast, to DRC capital city, Kinshasa. Paratus and GBS have established FAST Congo to deliver, operate and maintain the network link in an exclusive 15-year license contract.

By adding DRC to its terrestrial network, Paratus group now boasts a unique and contiguous footprint in Africa, which includes: offices in seven Southern African Development Community (SADC) countries; four Data Centers; five satellite teleports with 6 000 customer sites; the Google Equiano Cable landing station in Namibia; an extended network through satellite connectivity-focused service in more than 30 African countries; and international points of presence (PoPs) in UK, Europe and the USA.

Earlier this week, the DRC fiber link deal with FAST Congo was officially signed and announced by Societe Congolaise de Fibre Optique (SOCOF), the government entity established to develop telecommunications infrastructure and equipment in the DRC. Paratus formed a consortium with local internet service provider, GBS, to create a strategic public private partnership with SOCOF to activate, operate and maintain the fibre highway that was installed and funded by The World Bank. The network spans the railway line between Muanda and Kinshasa which, en route, takes in six towns.

With the objective of increasing connectivity throughout the region, FAST Congo is working towards activating the fibre link in the third quarter of 2022. Paratus group Chief Technical Officer, Rolf Mendelsohn adds: “This is an extremely important strategic development for Paratus. We are not only uniquely qualified to open this fibre highway in DRC, but we’re also uniquely placed to connect the country to Angola, Zambia and beyond via our own network in SADC. This presents great potential for the region’s economy and for quality connections and increased capacity to be offered as standard to businesses and consumers alike. We are very proud to be the lead company in making this happen.”

The Managing Director of FAST Congo, Francois-Xavier Kabemba adds: “We have already started work on installing the necessary equipment to expedite the fiber optic network’s activation. As our company name implies, we are committed to delivering fast, secure, quality network connections to the people and businesses of DRC so that they may benefit from the unlimited opportunities offered by fibre.”

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Namibian Sun 2024-05-18

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 414.72/OZ UP +1.55% | Copper US$ 5.04/lb UP +4.12% | Zinc US$ 3 059.30/T UP 0.11% | Brent Crude Oil US$ 84.28/BBP UP +0.60% | Platinum US$ 1 084.88/OZ UP +2.19%