Liquid Telecom to Invest $200 Million in African Expansion
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Liquid Telecommunications Ltd., the builder of Africa’s largest single fiber network, will invest $200 million in developing its operations across the continent over the next two years, Kenya Chief Executive Officer Ben Roberts said.
About 65 percent of the funds will be used to lay fiber networks and 20 percent to build data centers, Roberts said today in the capital, Nairobi. The closely held company will focus its expansion in eastern, central and southern African nations.