Most cable spending directed at Africa
19 Apr 2012
Between 2010 and 2013, investors will spend more on submarine cable systems in Africa than anywhere else in the world, a new report from TeleGeography shows.
Investors are expected to pump almost US$2bn into new undersea cable systems serving Africa in 2012 and 2013, on top of the more than $1bn spent in 2010 and 2011. In the same period, investments in transatlantic fibre will total just over $500m, or about a sixth of the investment going into Africa.
However, TeleGeography reckons not all the cables being planned for Africa will come to fruition.
The data, from TeleGeography's Global Bandwidth Research Service, shows there has been a surge in submarine cable construction globally in recent years.
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About Craig Wilson
Craig Wilson is an ICT journalist and speaker based in Johannesburg. He is deputy editor at TechCentral, the South African source for technology news, reviews and opinion, and regularly provides insight into the technology industry for radio and television. Email him at craig@techcentral.co.za, follow @craigwilson on Twitter and connect on LinkedIn.
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