Thursday, September 17, 2009

Altech and subsea cable operator SEACOM today announced a strategic alliance

JSE-listed Altech and subsea cable operator SEACOM today announced a strategic alliance for the mutual acquisition of bandwidth capacity on 2 cable systems.

The agreement sees Altech procuring 2 STM-16s from SEACOM (5Gbps), with the option to upgrade, within 3 years, to double this capacity, to an STM-64.

SEACOM would in turn purchase 6 STM-64s throughout the East Africa region on the terrestrial backbone network owned by Kenya Data Networks, a subsidiary of Altech.

"This strategic alliance with SEACOM, and Altech's investment in the construction of terrestrial networks needed to support SEACOM in bringing its capacity inland, allows us to play a leading role in radically changing the face of African connectivity.

"These end-users will in turn be able to access the internet at international broadband speeds and at more affordable prices, creating a wealth of opportunities for important sectors, such as education, healthcare and government services," said Herlihy.

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