Monday, June 24, 2024

BoFiNet signs major deals with Mascom, 4site Holdings

Botswana Fibre Network Ltd (BoFiNet) has struck major deals with a major mobile phone company and local Value Added Network (VAN) operator ÔÇô a move that will give confidence to the special purpose vehicle that was set up through the separation of Botswana Telecommunications Corporation (BTC) assets.

The organisation headed by Mabua Mabua came together with Mascom Wireless to commit and work together for the next five years on a contract for provision of international internet bandwidth worth P34 million. On the other hand, 4site Holdings (Pty) Ltd has signed a two year deal with BoFiNet with 5Mbps at the value of P400, 000.00.

Mascom had options to buy from elsewhere locally and even from neighbouring countries but they opted to buy from BoFiNet.

BoFiNet’s chief executive officer, Mabua Mabua, said that they are mandated to improve the accessibility and connectivity in the country and at the same time improving the economy of the country and the lives of the people. He pointed out that they are to create a legacy of sustainability in the ICT sector.

“We aim to position Batswana among the best in Africa and the World even in terms of Global Competitive all facilitated by ICTs. We at BoFiNet promise to serve you and to provide you with the best products that are satisfactory to the customers and eventually affordable to your retail customers,” said Mabua.

He stated that it is their business to ensure that the products are of high standard and are relevant to the current market and of expected speed and availability.

“As you are aware Botswana Fibre Networks is being formed from the separation of BTC assets. To the BOFINET team it is a sign that we are competitive enough though we want to do better,” he said.

Another local company, 4site Holdings (Pty) Ltd, a 100 percent citizen owned company and the first Value Added Network (VAN), committed with BoFiNet for the next two years with 5Mbps at the value of P400, 000.00. 4Site also had an option of buying from somebody else but opted for tie-up with BoFiNet.

4Site’s managing director, Kagiso Mere, expressed happiness with the partnership with BoFiNet, adding that it is a company that they shall commit to, grow with and pride themselves in being associated with.

“We look forward to taking the market and growing globally and to serve the needs of customers in the ICT sector,” said Mere.

BoFiNet is a wholesale provider of telecommunications distributing to retail telecommunication companies already in existence in Botswana such as BTC, Mascom and Orange, amongst others, and does not sell directly to end users.


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