Paratus Namibia signs first infrastructure sharing agreement

Company’s subsidiary PowerCom will proceed with the US$365,000-backed project.

Equiano subsea cable project expected to bolster economic growth and telecommunications.

Successful pilot used digital IOT technologies and wearable sensors to monitor crew proximity to heavy machinery.

CSG to roll out solution to bolster telco’s customer and revenue management.

Operator argues the move is anti-competitive and illegal.

Bank Windhoek executive confirms customer reports of fraudsters attempting to solicit account information.

Company rubbishes rumour lockdown was implemented to enable towers to be erected.

Officials tight-lipped on details, but current board will oversee company’s activities till May 2020.

Company also plans to list on local stock exchange by July 2020.

Deal expected to broaden CIG's reach into key sectors, including asset management and telecommunications.

Capital to support company's ongoing aggressive roll out of telecommunications infrastructure, specifically fibre and 4G LTE.

Process is expected to be completed in 15 months.