The transition from voice-centric to data-centric business models for African telecommunications and broadband companies is driving change in the industry and is helping to evolve investing strategies, according to global news and leadership events provider TMT Finance (www.TMTFinance.com).
Joseph d’Arrast, EMEA Editor at TMT Finance, said: “The increasing demand for data services and attractive revenue growth opportunities are fuelling a wave of transactions in African broadband. To answer this demand, fibre companies are attempting to scale up, both by organic expansion and by acquisition, while a number of private public partnerships are helping to build network backbones through the continent,” he said.
With huge opportunities for M&A and investment in the space, TMT Finance Africa 2018 will return to London on September 19 in London, and will feature a dedicated panel on Broadband Leadership, which will discuss strategies for regional growth. Speakers on the panel include: Thinus Mulder, CEO, Dark Fibre Africa; Nic Rudnick, CEO, Liquid Telecom; Thomas Hintze, CEO, Wananchi Group; Suveer Ramdhani, Chief Development Officer, SEACOM; and Anikó Szigetvári, Global Head – TMT Group, IFC.
Other classes of infrastructure assets including mobile towers and datacentre rollout are also pressing matters for Africa’s TMT sector, according to d’Arrast. “Operators have been assessing a range of IPOs and potential consolidation, as their portfolios expand and telecom operators continue to offload infrastructure. Datacentres are also attracting significant interest with a number of greenfield projects in the pipeline,” he said.