Mobile network Cell C is on the prowl for acquisitions in the fledging fibre-to-the-home (FTTH) sector as it ramps up its transformation into a full-service telecoms group.
“We are in negotiations to acquire a few exciting opportunities in the fibre space,” Cell C chief executive Jose Dos Santos said yesterday.
“The company’s new C-Fibre connections increased from 3 733 to 16 425. The offering was launched in 2016 with open-access Fibre Network Operators and has continued to grow by launching four new open-access networks earlier this year.”
The company said it would pursue organic and acquisitive growth to shore up its fibre business in the next few years.
Source: https://www.iol.co.za/business-report/technology/cell-c-is-on-the-prowl-16682227