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IT News Announcement: MWEB Africa acquires AFSAT Communication (iWayAfrica)
22-10-2007- MWEB Africa has acquired AFSAT Communication (iWayAfrica). This acquisition makes MWEB the biggest ISP in Africa with more representation and clients than any ISP in Africa. According the MWEB release, "The acquisition takes MWEB Africa's representation in Africa from 16 to 26 countries. MWEB Africa has subsidiaries in Namibia, Zimbabwe and Nigeria.
AFSAT is Africa's biggest satellite based ISP and is active in over 26 countries in East, West and Southern Africa.
It has operating subsidiaries in Kenya, Nigeria, Tanzania and
Uganda. Operating under its iWay brand, AFSAT provides Internet
connectivity to both business and residential customers.
In addition, it provides corporate and governmental
customers with highly reliable and secure corporate data network
solutions". Observers of ICT developments in Africa see the acquisition
as part of MWEB Africa's strategy to expand its presence and Internet
services in Africa. Incorporating the AFSAT iWay service will obviously
widen the scope and reach of MWEB VSAT service.
MWEB has now therefore become one of the Internet connectivity giants of Africa. AFSAT and MWEB customers will expect this to translate to better and more reliable service.
In the words of Salim Suleman, founder and CEO of AFSAT and who will remain with the company as Group Managing Director: "We look forward to becoming part of the MWEB Africa Group. We have a common vision for the business, and the resources that MWEB bring will enable the business to expand to a new level."
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