Dark Fibre Africa: Last mile cable provider bought

Dark Fibre Africa (DFA) was acquiring Conduct, a provider of last mile fibre-optic network, to position itself as a provider for enterprises, the company said yesterday. The acquisition was expected to be completed by the end of next month. Reshaad Sha, the chief strategy officer at DFA, said: “The Conduct acquisition gives us an overnight presence as a last mile provider and puts into motion our strategy to connect as many customers to our fibre network as possible in a cost effective way.” Sha said the privately owned firm had identified a large unmet need in the market for cost effective connectivity to enterprise customers. It intended to connect up to 10 000 business customers to its network by the end of March. – Asha Speckman