Friday, August 20, 2010

Seychelles - Airtel to invest USD 10 million including an undersea cable

[telegeography] India’s Bharti Airtel has announced plans to invest USD10 million in its newly acquired fixed and mobile telecoms network in the Seychelles over three years , whilst also participating in the Seychelles East Africa submarine cable (SEAS) project, reports the Indian Economic Times. Bharti Airtel Africa CEO Manoj Kohli shared the group’s plans with the islands’ vice president Danny Faure, following its USD62 million purchase of Telecom Seychelles (Airtel), which already had a well-established partnership with Bharti, including usage of the Airtel branding. The transaction followed Bharti Airtel’s acquisition of the mobile operations of Zain Group in 15 African countries. The USD34 million SEAS project is aimed at improving the Seychelles’ global connectivity by building a 2,000km undersea high speed link to Dar es Salaam in Tanzania. Kohli added: ‘We will leverage our expertise and infrastructure to offer customised data solutions for our large enterprise and corporate clients, which will help them gain a unique competitive advantage.’

USD10m plan for Airtel Seychelles; Bharti announces commitment to SEAS cable

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