Vodacom inks ZAR 1 bln deal with Prasa to use railway fibre

Friday 23 September 2016 | 10:51 CET | News
Vodacom South Africa has entered into a fifteen-year partnership agreement with the Passenger Rail Agency of South Africa (Prasa), through its subsidiary Intersite Asset Investments (Intersite), with an estimated total value of over ZAR 1 billion, reports Businesstech. The agreement comprises monetising Prasa's telecoms assets, and Vodacom leasing out Prasa's dark fibre cable capacity.

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Categories: Fixed
Companies: Vodacom / Vodacom Business / Vodacom South Africa
Countries: South Africa
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