ITC deepens African presence
BUSINESSBy BiztechAfrica - Oct. 17, 2012, 7:49 a.m.
ITC Global, a global provider of enterprise grade satellite communication services to mining, energy and maritime businesses, has completed its acquisition of Spidersat Communications , an integrator of global communications solutions focused on providing mission critical satellite-based communication services for mining, exploration, and mining services companies operating in Africa.
The combined companies aim to provide the most seamless coverage, service, and local support available in Africa for mining and mining-related customers.
"I am incredibly excited to begin our partnership with Spidersat and further develop our presence globally," said Joseph Spytek , co-founder and Chief Executive Officer of ITC Global. "Spidersat's footprint across Africa, coupled with ITC Global's existing presence and outstanding quality of service, will allow ITC Global greater access to markets where we can provide significant value and expertise to new and existing customers."
Spidersat is a corporate communications provider in Africa, and provides custom networks and bandwidth access to enterprise customers throughout Africa. Spidersat is headquartered in Tanzania and has additional offices and technical support personnel in Ghana, Mwanza, Accra, Perth and Belmont, Western Australia.
Spidersat offers a broad range of services locally in Africa, including fixed VSAT solutions and mobile satellite solutions, and has many years of experience of deploying reliable communication solutions within some of the most remote areas of Africa.
MORE BUSINESS NEWS
Yahoo! MEA exec resigns to launch emerging markets social TVAhmed Nassef has announced that he has left his role as Yahoo's Vice President and Managing Director for Middle East and Africa to found Telfez. Read More
Swift Networks acquires DoPCSwift Networks has acquired the long term evolution (LTE) or 4G business of Direct on PC (DoPC). Read More
Africa must think beyond blue collar jobsPan-African job creation initiatives need to look beyond basic job creation, to high level ICT skills development, to develop the economies, says Greg Vercellotti, executive director at Dariel Solutions. Read More
Interswitch moves for growthPan-African integrated payment processing and transaction switching company Interswitch has spun off two of its core divisions for growth. Read More
China-Africa Development Fund opens industrial park in SAElectronics firm Hisense has officially opened its new Home Appliances Industrial Park in Atlantis in Western Cape, South Africa. Read More
USD100m to support trade finance in AfricaThe African Development Bank (AfDB) has formally signed a USD 100 million unfunded Risk Participation agreement (RPA) with Commerzbank AG to support trade finance in Africa. Read More
Red tape slows business in AfricaThe sheer complexity of travelling to many African countries is hampering the roll-out of business there, says Carlos Ferraz, GM of Motorola Solutions. Read More
Agambire calls on foreign students to bring knowledge homerlg Chief Executive Roland Agambire has told African youth living and studying abroad they have a moral duty to return to their countries and bring their international knowledge to bear on ongoing reconstruction efforts on the continent. Read More
IDC: another ‘remarkable quarter’ for MEA tablet marketThe tablet market in the Middle East and Africa (MEA) region grew 184% year on year in the first quarter of 2013, says IDC. Read More
London conference to focus on investment in GuineaFollowing on from a Mining Code Briefing on 12 June, the ‘Invest in Guinea’ initiative is organising an all-day Invest in Guinea Conference on 13 June in London. Read More
FEATURED STORYAirtime transfer big business in Ivory Coast
Airtime transferred direct to mobile is proving popular among consumers and is generating jobs in Ivory Coast.
BEST READ NEWS
IN DEPTHAfrica must think beyond blue collar jobs
Pan-African job creation initiatives need to look beyond basic job creation, to high level ICT skills development, to develop the economies, says Greg Vercellotti, executive director at Dariel Solutions.