Frogfoot Networks, the open-access fibre provider, has acquired the fibre-to-the-home assets of Link Africa Western Cape for an undisclosed sum.

The deal, which comes just months after MetroFibre Networx bought Link Africa’s fibre-to-the-home network in Gauteng and KwaZulu-Natal, will help “solidify” Frogfoot’s position in the fibre market in South Africa, the company said in a statement on Tuesday.

“This transaction has some nostalgic value,” said Frogfoot CEO Abraham van der Merwe. “Some parts of the network we are acquiring today were built through a joint venture between Frogfoot and Link Africa and represent our entry into the fibre-to-the-home market.”

“The acquisition increases the number of homes passed by Frogfoot to 312 000 and cements its position as the third-largest fibre network operator in South Africa,” Frogfoot said in the statement.

Frogfoot, which is owned by ICT group Vox, enjoys funding from Rand Merchant Bank, Investec and Metier Capital. 

Source: Tech Central