Intelligent CIO Africa Issue 34 | Page 7

NEWS Paratus South Africa acquires a satellite hub operating in the satellite business segment for many years and has core competencies in this field across our African operations. “We are able to support our client base as well as create a sustainable growth model,” he said. “Paratus South Africa is critically poised to leverage not only the expertise of the local staff but also the Group proposition across pan-Africa, providing current and potential customers with a network that can support their growth requirements throughout the multiple technologies offered in the Group.” Paratus Group CEO Barney Harmse says Paratus Africa is structuring itself towards an aligned focus to continue strengthening its core operations. P aratus South Africa has completed a transaction for the acquisition of a satellite teleport via its subsidiary Maxwell technology for an undisclosed amount. Paratus will now start with a harmonisation process to incorporate the transfer of assets and resources as well as the associated business revenue into its South African operations. Paratus South Africa Managing Director Kallie Carlsen says South Africa has been “We are proud of the team in South Africa for successfully concluding this deal in line with our Group strategic goals,” he said. “We will continue to challenge the status quo in Africa by activating our investment strategy throughout the region.” ///////////////// Analysis on South Africa’s telecoms and mobile devices market T he Telecommunications Industry and the Market for Mobile Devices in South Africa 2019 report has been added to ResearchAndMarket.com’s offering. There are comprehensive profiles of 56 companies including Telkom, which dominates fixed-line telephony, and Vodacom and MTN, which dominate the mobile space. Other profiled companies include Cell C and Virgin Mobile, and fibre companies such as Vumatel, Vox and Dark Fibre. to double-digit increases in the value of data. South Africa’s fibre and data centre markets are expanding rapidly. Telecoms companies are having to adapt to widespread disruption; the structural shift from voice to data is undermining traditional margins and increases in data traffic are being offset by a proportional decline in effective data prices. The market is maturing, and operators are having to compete to grow their share of the prepaid and lower-income markets, from which the majority of future growth is expected to come. Investment in the sector is highly influenced by South Africa’s poor economic growth, regulatory changes and technological developments. South African telecommunications operators experienced positive, if muted, growth in 2018 as total subscriptions, device ownership, Internet penetration and data usage continue to increase. The sector grew by over 14% and was worth R187bn in 2018. Mobile subscriptions, device ownership and Internet penetration continues to grow, and the majority of service revenue growth is due www.intelligentcio.com INTELLIGENTCIO 7