This article was originally published on BusinessTech
Seacom, a provider of high-speed fibre-optic cable, has announced its acquisition of Cape Town-based Internet service provider and managed services provider, MacroLan, for an undisclosed amount.
The acquisition, Seacom said, is in line with its strategy to extend the reach of its fibre network to more metropolitan areas across South Africa, as well as to bolster its managed services capability for business customers.
MacroLan will become Seacom?s Cape Town regional office and will lead Seacom?s expansion in the Western Cape market for fibre Internet access to the business-customer premises.
MacroLan manages an expanding fibre network serving a growing number of Cape Town?s commercial users. It also owns and manages fibre infrastructure and access at numerous commercial buildings, offering clients access to a range of fast, effective and well-priced business broadband services as well as value-added services.
Suveer Ramdhani, chief development officer at Seacom, said: ?As an established, profitable business with a history of consistent growth and a strong focus on the customer experience, MacroLan is a valuable addition to our portfolio.?
?This acquisition strengthens our on-net fibre reach into the Western Cape, giving us a great platform for further expansion. We will leverage MacroLan?s experience with fibre infrastructure deployment to further jointly develop our national network.?
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