Liquid Telecom’s big plan for South Africa
Liquid Telecom South Africa’s mission is to get fibre all over South Africa and deliver content to everyone through Kwes? Play. This was the instruction from Econet Wireless founder Strive Masiyiwa to Kyle Whitehill, CEO of Liquid Telecom SA.
Whitehill said Liquid Telecom is unlike any blue chip telecommunications company he’s worked for. “The Liquid Telecom philosophy is if you want to do it, get it done. Find a way to make it happen,” said Whitehill.
He said they have the necessary capital for a major push in South Africa, following the company’s acquisition of Neotel in February. It announced its intention to buy the company for R6.55 billion in June 2016, and received regulatory approval from ICASA in October 2016. Liquid Telecom has also raised £700 million in bond and loan financing this year, which was to refinance existing debt and to expand its fibre network across Africa.
Since the acquisition of Neotel, Liquid Telecom stated it will become a Microsoft Cloud Solution Provider to offer Azure, Dynamics 365, and other Microsoft services in South Africa.
It declined to comment on whether it will provide Microsoft with the facilities it will use to launch Azure servers in Johannesburg and Cape Town during 2018. Masiyiwa’s vision of delivering content to South Africa through Kwes? Play has also taken shape.
It also offers payment options for citizens without a credit card. Kwes? Play’s Roku player is R1,599, and includes 3 months of Netflix access as a launch special.
- ^ received regulatory approval (mybroadband.co.za)
- ^ raised £700 million (mybroadband.co.za)
- ^ declined to comment (mybroadband.co.za)
- ^ Kwes?
Play launched in SA(mybroadband.co.za)
- ^ Amazon and Microsoft are cautious of Africa (mybroadband.co.za)