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SA's Metrofibre Networx gives incubation hub a broadband boost

By , ITWeb
South Africa , 24 Jul 2018

SA's Metrofibre Networx gives incubation hub a broadband boost

Metrofibre Networx, a South African open access fibre network operator, has partnered with the Riversands Incubation Hub to provide competitively-priced broadband services to companies operating within the Hub's campus.

Riversands Incubation Hub was launched in 2015 through a private-public partnership between Century Property Developments and the National Treasury's Jobs Fund. The organisation's goal is to boost local economic activity by providing promising SMEs with an affordable premises, a supportive entrepreneurial community and access to business support services.

The campus is home to 170 businesses from a variety of sectors.

Metrofibre owns and manages South Africa's first globally compliant Carrier Ethernet 2.0 (CE 2.0) open access fibre network, and connects over 60 cloud, application, voice and internet service providers with their customers.

Gary Webster, Head of Wholesale at Metrofibre Networx, said, "As part of our agreement with Riversands we will be offering its small business owners and other tenants access to greatly discounted broadband services."

According to information supplied by the organisation, Metrofibre Networx will provide the services at a rate "50% more affordable" than what is commercially available.

The broadband services will be offered to the SME businesses in the campus via the existing infrastructure Metrofibre has laid within the Riversands business park.

Jenny Retief, CEO at Riversands Incubation Hub, said, "Fast, reliable and affordable broadband internet access is a hallmark of any progressive community. This agreement helps us complete an important piece of the infrastructure puzzle. Our current entrepreneurs benefit from unbelievably low pricing for data and voice, and this will make Riversands an attractive destination for digital content producers."

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