New ICT Infrastructure Supplier ConvergeNet Holdings Ltd looks forward to Aggressive Market Demand

ConvergeNet and its subsidiary companies have the proven skills, experience and capacity with which to assist the emerging markets of Africa and the Middle East in meeting the challenges they face when upgrading their ICT infrastructure and global connectivity.

At the Connect Africa Summit in Kigali, 29 - 30 October 2007, the ITU and the African Development Bank (AfDB) agreed to collaborate on interconnecting all African capitals and major cities with ICT broadband infrastructure and to strengthen connectivity to the rest of the world by 2012.

With the aim of rationalizing available funds and building on efforts in other sectors, ITU and AfDB will also work together to promote wider integration of ICT with other major infrastructure investments. This would include laying broadband fiber alongside transport and energy projects, as well as encouraging innovative infrastructure sharing approaches between telecommunication/ICT operators.

Over and above this commitment, mobile operators like MTN and Celtel announced - at the same conference - USD 50 billion in new investment over the next 5 years to be spent on expanding and upgrading networks across the continent by 2012. This investment will translate into mobile coverage for more than 90 per cent of the population.

ConvergeNet and its subsidiaries have successfully completed multiple projects of this nature - both in South Africa and in over ten countries across the continent.