{"id":256661,"date":"2018-07-04T16:21:06","date_gmt":"2018-07-04T14:21:06","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=256661"},"modified":"2018-07-05T06:48:47","modified_gmt":"2018-07-05T04:48:47","slug":"teraco-planning-r1-billion-infrastructure-investment","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/broadband\/256661\/teraco-planning-r1-billion-infrastructure-investment\/","title":{"rendered":"Teraco planning R1 billion infrastructure investment"},"content":{"rendered":"<p>Teraco Data Environments plans to invest about R1 billion ($73 million) as Africa\u2019s largest data-center operator expands infrastructure to meet rising demand.<\/p>\n<p>The closely-held business will have spent R4.5 billion on building data-services centers in South Africa when the current investment cycle ends in 2019, CFO Jan Hnizdo said in an interview Tuesday.<\/p>\n<p>Funding has come from a debt facility provided by Absa, which is lending as much as R1.8 billion.<\/p>\n<p>Teraco is investing to meet higher demand for data services in Africa as internet access improves and businesses adopt cloud-based technology.<\/p>\n<p>Internet giants such as Netflix and Facebook are seeking to reach more remote parts of the continent, while Amazon Web Services and Microsoft\u2019s Azure need data storage.<\/p>\n<p>Teraco\u2019s operations in Johannesburg are used by more than 200 African telecommunications providers and are able to provide 12,000 interconnections.<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/it-services\/245347\/teracos-napafrica-among-the-top-15-largest-global-ixps\/\" target=\"_blank\" rel=\"noopener\">Teraco\u2019s NAPAfrica among the top 15 largest global IXPs<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Teraco Data Environments plans to invest about R1 billion ($73 million) as Africa\u2019s largest data-center operator expands infrastructure to meet rising demand.<\/p>\n","protected":false},"author":59,"featured_media":233733,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5553],"tags":[26],"class_list":["post-256661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-broadband","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/256661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=256661"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/256661\/revisions"}],"predecessor-version":[{"id":256679,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/256661\/revisions\/256679"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/233733"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=256661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=256661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=256661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}