Neotel 2.0 to make extensive upgrades and expand its network

Neotel launched its new brand on Friday (10 February), which sees the company change its primary colour to blue and adds Liquid Telecom to its logo.

Liquid Telecom and 30% equity partner Royal Bafokeng Holdings (RBH), a community-based South African investment group, recieved regulatory approval for the R6.55 billion acquisition of Neotel in December 2016.

Through substantial new capital from Liquid Telecom, which is a subsidiary of Econet Global, “a revitalised Neotel will emerge on the South African market with significantly enhanced service offerings for enterprises and consumers,” the company said in a statement.

Liquid Telecom said that over the coming months, it will make extensive upgrades and expansions to Neotel’s network, “delivering greater levels of high-speed connectivity to more customers across South Africa”.

Liquid Telecom said it also plans to make substantial investment in Neotel’s data centre capabilities, which currently include two Tier 3 designed state-of-the-art data centres in Johannesburg and Cape Town.

Neotel’s network will link up with Liquid Telecom’s extensive fibre footprint to offer access via a single connection to over 40,000km of cross border, national and metro fibre networks.

“The refinancing of the company’s balance sheet will see a revitalised Neotel enter the market with the ability to offer consumers and businesses greater quality services and products delivered through world-class networks,” said Nic Rudnick, group CEO of Liquid Telecom.

Read: Liquid Telecom wins approval to purchase Neotel for R6.55 billion

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Neotel 2.0 to make extensive upgrades and expand its network