Thursday, April 19, 2007

S.Africa to create telecoms infrastructure firm

(Reuters) - South Africa plans to group the broadband infrastructure assets of state-owned firms Eskom and Transnet as the country looks for ways to cut high phone and Internet tariffs.

A government statement said the cabinet had approved the formation of a company called Infraco, which is expected to lease its inter-city network to South Africa's new fixed-line operator, Neotel.


Read more at Reuters Africa

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