ITC Global ups holding in Guinee SARL
GUINEABy BiztechAfrica - Aug. 21, 2012, 8:36 a.m.
ITC Global, an international provider of enterprise grade satellite communications to mining, energy and maritime businesses, has acquired the remaining 10% interest in ITC Guinee SARL.
As a result of this transaction, ITC Global will own 100% of ITC Guinee SARL. Through ITC Guinee SARL, ITC Global will continue to provide networking solutions on a global basis, focusing on Africa-based client sites.
"Increasing ownership in one of our key markets is a core strategic objective for ITC Global. We have invested in Africa for many years, and will continue to serve our clients in Africa and globally with the outstanding service that ITC Global is known for," said Joseph Spytek, co-founder and Chief Executive Officer of ITC Global. "We will continue to increase our investment in Africa in the near term. This transaction solidifies our strong position in the attractive African market."
ITC Global's Guinea office has been fully operational since 2005 through an agency agreement and this location is fully staffed with a highly technical team that will continue to deliver ITC Global's customized solutions. ITC Global has recently been awarded industry standard HS&E certification for the Pilbara region, and the Company continues to operate under these standards throughout the world.
This location will continue to provide VSAT services and support, and will remain a critical location in the Company's geographic footprint. ITC Global will continue to offer a full range of services locally, including mobile VSAT trailer sales and rentals, Inmarsat satellite phone sales and rentals, VSAT installation, and Local Area Network infrastructure design and installation, among others.
MORE GUINEA NEWS
MTN gets 3G license in GuineaMTN has been awarded a license in Guinea after signing a concession agreement with the regulator. Read More
Orange claims ‘cheapest prepaid’ crownOrange Kenya reports that it has the cheapest prepaid product among the country's four mobile operators. 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
New Leaf Africa opens office in Conakry, GuineaNew Leaf Africa, a team of leaders in technology, population health and renewable energy, has opened a new office in Conakry, Guinea. Read More
AccessKenya aims for 1Gb bandwidthAccessKenya has embarked on a one-year network optimisation drive set to deliver up to 1 Gigabit bandwidth, up from 200Mbps delivered on wireless backhauls. Read More
Africa awaits ACE switch-onThe ACE consortium is on track to make the new ACE undersea cable operational before the end of the year. Read More
Guinea gets Orange MoneyFrench-owned telco Orange has launched its Orange Money service in Guinea. Read More
New telco for Equatorial GuineaA third wireless operator has launched services in Equatorial Guinea. Read More
Bodipo grows in AfricaFootballer Rodolfo Bodipo’s satellite internet firm is showing strong growth. Read More
FEATURED STORYGaming app introduces investors to trading
A new virtual stock market app is equipping would-be investors with the skills they need to trade.
BEST READ NEWS
IN DEPTHCorporate cyber security threats of the year
91% of organisations polled suffered a cyber-attack at least once in the past year, says Kaspersky Lab in its security review of 2013.
COMPANY NEWSVMware announces general availability of latest VMware cloud management solutions
VMware has announced the general availability of new and updated offerings to the industry’s leading portfolio of management solutions purpose-built for the cloud era.