Telecom

Liquid Intelligent acquires Google’s fiber pair to improve offers

Liquid Intelligent acquires Google’s fiber pair to improve offers
Wednesday, 30 March 2022 20:05

Liquid Intelligent Technologies, a Zimbabwean firm specializing in fiber connectivity, announced, on Tuesday, the acquisition of a fiber pair on Google's Equiano submarine cable. This will enable the Econet Group’s subsidiary to improve international connectivity in West and Southern Africa, with the capacity to transport up to 12 Terabits of traffic.

With its over 100,000 km of African fiber-optic network, backed by satellite services, Liquid Intelligent Technologies will provide high-speed connectivity to the continent's major data centers. It plans to interconnect Equiano's landing stations to its east-west network across Africa, creating a new global IP route between Asia, Africa, and the United States.

The announcement comes days after the long-awaited cable landed in Togo, its first African destination. The investment is part of the group's ambition to become the leading provider of connectivity solutions in Africa. Since 2020, driven by the Covid-19 crisis, the continent has seen an explosion in data consumption as well as the advent of new digital services. "In the last few years, we have witnessed a steady increase in adoption of digital technologies. This wouldn’t have been possible without our investments in high-speed connectivity in coastal as well as landlocked African countries," commented David Eurin (photo), president and CEO of Liquid Dataport.

Once operational, the Equiano cable is expected to allow Liquid to complement and strengthen its domestic and metropolitan fiber networks because older submarine cables are almost at the end of their lifespan. This deployment should enable Liquid to meet the growing demand for high-speed connectivity in both coastal and landlocked countries on the continent. This initiative will also help reduce Internet prices for consumers and businesses.

Isaac K. Kassouwi

On the same topic
Funding will support fiber, data centers, and international connectivity Proparco contributes $15 million as part of the financing...
Airtel Africa signed a partnership with SpaceX to launch Starlink Direct-to-Cell satellite connectivity starting in 2026. The agreement aims to extend...
Airtel Zambia launched a $107 million nationwide network expansion program to improve coverage, reliability and customer experience. The plan...
Morocco secured its sixth international connection via the Medusa submarine cable, with operations scheduled for 2026. Inwi contracted a 1,416 km...
Most Read
01

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...

From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
02

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
03

This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...

Weekly Health Update | Africa Steps Up Essential Medicines Strategy, Despite Outbreaks, Funding Gaps
04

Standard Bank extended a USD 138 million facility to STEP, acting as sole arranger and advisor to ...

$138 Million Standard Bank Facility to Power Safaricom's Ethiopia Business Expansion
05

BNP Paribas entered exclusive preliminary talks with Holmarcom to sell its 67% stake in BMCI. ...

BNP Paribas Enters Exclusive Talks to Sell BMCI Stake to Holmarcom
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.