Link Africa has announced the acquisition of BitCo Telecoms, a move that strengthens their position in the South African telecommunications industry. This strategic acquisition expands Link Africa’s product portfolio, customer base, and overall network coverage across the country.
Complementary Strengths Create a Telecom Powerhouse:
While both companies offer residential and business fiber services, their strengths lie in different areas. Link Africa focuses on bringing reliable internet access to underserved and remote regions, while BitCo boasts a strong presence in the business and enterprise sector.
Combined Expertise Delivers Enhanced Value:
BitCo’s diverse customer base, ranging from SMEs to large enterprises, complements Link Africa’s existing reach. Furthermore, BitCo’s expertise in fixed line, voice solutions, cloud services, cloud security, and SDWAN solutions bolsters Link Africa’s service portfolio. This merger creates a more diversified telecommunications provider with the ability to deliver greater value to a wider customer base.
BitCo CEO Steps Down, Expresses Optimism:
Following the acquisition, BitCo CEO Jarryd Chatz is departing the company. He reflects on BitCo’s successful journey over the past decade and expresses his belief that “These two companies will undoubtedly spur each other on to greater heights of excellence.”
BitCo’s Pioneering Path in South African Telecoms:
Founded in 2005, BitCo played a key role in South Africa’s telecommunications landscape. Established during Telkom’s monopoly, BitCo became a leader in providing alternative options like wireless internet service (Wisp) and Metro Ethernet networks. They actively participated in the market’s liberalization and expansion, further contributing to the industry’s growth.
Looking Forward: A Stronger Future for Both
This acquisition marks a significant development in South Africa’s telecommunications sector. While Jarryd Chatz bids farewell to BitCo, he expresses his confidence in the continued success of both companies. With combined expertise and a wider reach, Link Africa and BitCo are poised to deliver exceptional telecommunication solutions to an even larger audience.
Source: MyBroadband
