A global provider of IP connectivity over satellite and fibre optic networks throughout Africa, SkyVision, has announced that it has acquired provider of connectivity solutions in francophone Africa called Afinis from Monaco Telecom, a subsidiary of Cable & Wireless Communications (CWC).
Afinis, a Very Small Aperture Terminal (VSAT) operator, provides connectivity solutions in francophone Africa, specialising in direct sales to corporate market segments focusing on markets such as energy, mining, finance as well as telcos and international institutions.
Afinis holds local offices and licensing in Burkina Faso, Guinea and Senegal; and each of these entities will now be owned by SkyVision.
The two companies, though, have not revealed the cost of the deal.
"Afinis is a leader in the francophone market where it has built a strong market presence and a deep understanding of corporate market requirements,” said Doron Ben-Sira, chief executive of SkyVision Global Networks.
"Following our recently established subsidiary, SkyVision South Africa, the acquisition supports SkyVision's goal of firmly establishing the company as one of largest satellite operators in emerging markets offering true Pan-African coverage and presence," said Ben-Sira, CEO of SkyVision Global Networks
Denis Martin, chief executive of CWC’s Monaco & Islands business, added: "SkyVision has built a good reputation for satellite communications in Africa, and Afinis customers will benefit from the combined business' increased scale and strong customer service."
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