Search:  
Gauteng Business News
3511
VIEWS

Send  Share  RSS  Twitter  23 Sep 2009

IT and Telecoms: SA Firm Increases Stake in Kenya’s KDN

 





Recent Gauteng Business News

SA’S technology group Allied Technologies ( Altech ) will increase its economic stake in its East Africa unit, Kenya Data Networks (KDN), to 60,8% from 51%, according to the company.

Altech, one of Africa’s biggest connectivity providers, added that it would invest a further $39,5 million to build KDN’s fibre optic network.

Altech, which expects R500 million cash flow by year-end, said it would invest a further $7,5 million in KDN to build a data centre in Nairobi, Kenya, with its co-shareholder in KDN, the Sameer Group...

The full article can be found here at BusinessDay.co.za


 
 
 
spine-alignyunnan-baiyaodecor-and-furnitureBusiness Profilesjane-shonfeld
 
   
 
 
 
  Accomodation
Accommodation


Online Foreign Exchange
Foreign Exchange


Directory
Directory


Fax
Fax 2 Email


Finance
Finance


Furniture
Furniture


Casino
Online Casino


Restaurant
Restaurant


Auctions
Shop Online


Study IT
Study IT Online


Web design
Web Design


Weddings
Weddings


Work
Work from Home
 
 
 
 
 
Company News
 
 

 

© 2017 www.gbn.co.za. All rights reserved.

Daily Newsletter Subscription

 

Subscribe to the Gauteng Business News Daily News and information email (it's free).

Thank You
Your email address has been added.

Name:
Email Address: