Liquid Telecom raises $150 million to extend broadband in Africa
Liquid Telecom has raised US$150 million to extend its fiber networks across Africa, a sign of the growing need for broadband services on the continent.The company, controlled by African telecom company Econet Wireless, has already invested heavily in East Africa, where it is laying thousands of kilometers of new fiber-optic cable to connect Burundi and the Democratic Republic of Congo.The company has also already completed its East Africa fiber ring, which connects Kenya, Uganda and Tanzania, in order to provide high speeds and continuous uptime across the region.Liquid will use the additional funds it raised to build fibre broadband networks in several other countries.To read this article in full or to leave a comment, please click here


