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Liquid Telecom set to transform pan-African communications
Feb 10, 2017
Standard Bank played an instrumental role in Liquid Telecom’s recent ZAR 6,55 billion acquisition of South African communications network operator Neotel. The deal expands Liquid Telecom's footprint in Africa, enabling them to better service corporate South African and multinational clients.
Enabling trans-African solutions
Standard Bank acted as Global Coordinator, Financial Advisor, Initial Mandated Lead Arranger, Bookrunner, Underwriter and Hedge Provider on the transaction, which will see Liquid Telecom become a leader in the South African telecom sector and operate the largest and only carrier neutral fibre network on the continent.
This transformative deal will create Africa’s largest broadband network and B2B telecoms provider, allowing businesses across Africa to access 40 000kms of cross-border, metro and access fibre networks via a single access point.
Standard Bank’s on the ground expertise in sub-Saharan Africa, and our ability to provide multi-product, cross-border advisory and funding solutions was instrumental in enabling Liquid Telecom to have unrivalled reach across Eastern, Central and Southern Africa
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