Neotel is stepping up its expansion programme, with a project that will see it deploying fibre-optic infrastructure to 300 buildings, including shopping centres and office blocks, this year. At the same time, it plans to expand its Johannesburg data centre because of soaring demand from the corporate sector. The first phase of the Midrand facility, consisting of about 1,000 sq m, is already sold out.
“The growth is continuing to happen, particularly in the last 100 days or so, and we have definitely seen signs of [economic] revival, especially in the enterprise space,” says Neotel CEO Ajay Pandey. He says the first phase of Neotel’s plan to deploy fibre into buildings will cost it between R150 million and R200 million.
Source: Tech Central
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