BTC to invest P500m in fiber optic cables link

BTC Group CEO Thapelo Lippe said Tuesday that his company and Telcom Namibia will both contribute equally as second tiers while regional giants like Vodacom, MTN, Neotel and Zain will contribute US$100 million (approximately P672 million) each for the development of the undersea cable that will link London with Africa.

Lippe said BTC sits on the board of the US$210 million Eastern Africa Submarine Cable System (EASSy) to further increase Botswana's bandwidth capacity.