CEC Liquid Telecom acquires Realtime
Lusaka, Zambia, 14 May 2015 – CEC Liquid Telecom today announced the expansion of its business in Zambia, following the full acquisition of Realtime Technology Alliance Africa (Realtime), the country’s second largest Internet Service Provider.
Realtime will now focus on the retail and business markets not regulated by the Zambia Information and Communications Technology Authority (ZICTA). It will provide communications services to homes and businesses of all sizes across Zambia, using the satellite and fibre networks of CEC Liquid Telecom as well as its existing WiMAX network.
Realtime will also be one of the first resellers for Fibroniks, Liquid Telecom’s Fibre To The Home service over which homes and businesses of all sizes can receive 100Mbps, the fastest broadband ever available in Zambia.
The Fibroniks service – with its unlimited data packages – is initially available to 15,600 homes and businesses in Lusaka including the areas of Rhodes Park, Northmead, Long Acres, Sunningdale and Kabulonga. The FTTH build will continue and is expected to reach 20,000 premises in Lusaka by year-end. Services will become available as each targeted area is connected, with a likelihood that the build will extend to Copperbelt towns by the end of the year.
CEC Liquid Telecom will continue to provide wholesale products and services to all licensed operators in Zambia. Realtime will receive network access from CEC Liquid Telecom on the same terms as other providers.
Andrew Kapula, CEC Liquid Telecom’s Managing Director, said “This is another major milestone for both our company and the Zambian telecoms market. We will continue to invest in Zambia so that we can provide operators, ISPs, homes and businesses of all sizes with the fastest and most reliable broadband available in Zambia. We believe in the power of connectivity to change lives and will continue to build a high-quality network that will enable our people and businesses to prosper.”
CEC Liquid Telecommunications Limited is a joint venture between The Liquid Telecom Group and Copperbelt Energy Corporation Plc (CEC), a Zambian power generation, transmission and distribution company. It has established itself as the country’s most reliable and consistent broadband provider. Its nationwide fibre network is the first fully redundant network in Zambia, providing SLAs at a level not previously experienced in the country. International access is through the multi-award-winning pan-African fibre and satellite networks of The Liquid Telecom Group.
About CEC (https://cecinvestor.com)
The Copperbelt Energy Corporation PLC (CEC) is an independent power generation, transmission and distribution company, with interests in closely linked businesses in Zambia and the Sub-Saharan African region, including optic fibre based telecommunications. A member of the Southern African Power Pool and listed on the Lusaka Stock Exchange, CEC has operations and projects development in Zambia, Nigeria, Sierra Leone and Namibia.
The Company’s deep insight into the mining industry enables it to provide quality electricity and other power products and services to the majority of the mines in Zambia for well over 50 years. CEC is well positioned as a developer of energy infrastructure in Africa and is respected in the region for its skills in designing and operating transmission systems.
The Company owns and operates over 1,000 kilometres of high voltage transmission lines and 41 substations covering all towns in Zambia’s mineral-rich region of the Copperbelt, and owns the Zambian portion of the electricity interconnector with the Democratic Republic of Congo, which enables transportation of power within the Southern African region. CEC accounts for over 50% of Zambia’s power consumption. Through its subsidiary, CEC Africa Investments Limited, the Company’s distribution network in Nigeria covers four states including the Federal Capital, Abuja.
CEC is an independent power generating company with some strategic generating projects in development and in the pipeline from a diversified energy source mix, including hydro, biomass and solar.
For further information about CEC, please contact Chama Nsabika Kalima, Email: [email protected], Mobile: +260 966 792 922 or visit our website https://cecinvestor.com. You can follow us on Facebook at https://www.facebook.com/cecinvestor and on Twitter @cecinvestor.
About The Liquid Telecom Group (https://www.liquidtelecom.com/)
Liquid Telecom is the leading independent data, voice and IP provider in Eastern, Central and Southern Africa. It supplies fibre optic, satellite and international carrier services to Africa’s largest mobile network operators, ISPs, financial institutions and businesses of all sizes.
Multi-award winning Liquid Telecom has built Africa’s largest single fibre network, which runs from the north of Uganda to Cape Town, currently spanning over 18,000km across borders and covering Africa’s fastest-growing economies where no fixed network has existed before.
Liquid Telecom’s network provides connectivity onto the five main subsea cable systems landing in Africa; WACS, EASSY, SEACOM, SAT3 and TEAMs.
Working under various brands, the Liquid Telecom Group has operating entities in Botswana, DRC, Kenya, Lesotho, Mauritius, Nigeria, Rwanda, South Africa, Uganda, UK, Zambia and Zimbabwe.
The company was named Best African Wholesale Carrier in 2012, 2013 and 2014 at the annual Global Carrier Awards.
For more information please contact Liquid Telecom’s PR representative Bridget Fishleigh – [email protected], +44 7946 342 903 or skype: bridgetfishleigh
