Liquid Telecom CEO talks up Africa expansion
Liquid Telecom CEO Nic Rudnik has declared his ambition to connect Africa to a fibre network.
Telecoms company Liquid Telecom has announced ambitious plans to further expand its operations in Africa.
Named among Global Telecoms Business’s 100 most powerful industry figures, Nic Rudnik, CEO of Liquid Telecom, told fDi of his aim “to build Africa’s digital future by connecting every African country onto a fibre network. Country-to-country connectivity has been an insurmountable challenge for Africa. We’re [going to] make it cheap, easy and quick.”
Over the past five years, Liquid Telecom has been heavily involved in Africa’s telecoms infrastructure, particularly in rural areas. It is now the continent’s largest and fastest independent cross-border fibre network, spanning 15 nations with 24,000km of cable across sub-Saharan Africa.
Liquid Telecom’s growth was further boosted this summer when it bought South African operator Neotel for $430m. Once formally approved, this transaction will expand the company’s network to 40,000km of cable.
“For the first time, African companies will be able to connect with each other in a cost-effective and reliable way, all on a single fibre network,” Mr Rudnik said.
The fDi Report 2016
Most popular content
Crossborder investment monitor
fDi Markets is the only online database tracking crossborder greenfield investment covering all sectors and countries worldwide. It provides real-time monitoring of investment projects, capital investment and job creation with powerful tools to track and profile companies investing overseas.
Corporate location benchmarking tool
fDi Benchmark is the only online tool to benchmark the competitiveness of countries and cities in over 50 sectors. Its comprehensive location data series covers the main cost and quality competitiveness indicators for over 300 locations around the world.
fDi Intelligence provides customised reports and data research which deliver vital business intelligence to corporations, investment promotion agencies, economic development organisations, consulting firms and research institutions.Find out more.