Close Menu
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact

Subscribe to Updates

Get the latest technology news from TechFinancials News about FinTech, Tech, Business, Telecoms and Connected Life.

What's Hot

Chery SA to Buy Nissan Rosslyn Plant, Save Jobs

2026-01-23

8win Joins Forces with Leicester City Football Club in New Global Partnership

2026-01-22

Holiday Retail momentum and Business Travel Growth Drive National Economic Activity, Visa Consulting & Analytics Reports

2026-01-22
Facebook X (Twitter) Instagram
Trending
  • Chery SA to Buy Nissan Rosslyn Plant, Save Jobs
Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp RSS
TechFinancials
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact
TechFinancials
Home»Connected Life»How Angola’s Paratus Aims To Double Its Revenue Within Five Years
Connected Life

How Angola’s Paratus Aims To Double Its Revenue Within Five Years

Since it first began doing business in Angola back in 2003, Paratus Group has been committed to developing Africa’s quality network. 
Gugu LourieBy Gugu Lourie2023-10-31Updated:2023-11-01No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Paratus
Paratus
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Paratus Group, a pan-African telecom and network services provider, reveals strategic initiatives to achieve its goal of doubling revenue within the next five years.

  • Providing LEO, MEO and GEO services across the continent
  • Completion, in Q4 of 2023, of the new Paratus teleport in South Africa
  • Construction of its second teleport in Luanda, Angola to create a Paratus connectivity hub for the region is due for completion in October 2023.
  • The building of a fifth Data Center (DC) in Angola will be the largest in that country.  Construction will be complete by Q2 of 2024.
  •  The last leg of the Trans Kalahari Network, with cross border links from Botswana, South Africa, Namibia, and Zambia, will be completed in November 2023.
  • Opening of the Paratus fiber superhighway from southern Africa to the world in Q4 of 2023.
  • Further expansion focussing on Central and West Africa within the next 3 to 5 years.
  • Cementing its presence in the Oil and Gas industry by offering bespoke one-stop communications services for onshore and offshore communications (Paratus exhibited at the Gas & Energy Summit & Exhibition in Maputo, Mozambique and Africa Oil Week in Cape Town in September and October respectively).
  • Completion in Q1 2024 of the META/Paratus fiber network in Zambia to provide connectivity to 10 towns and cities in that country.
  • Consolidating its expansion into the Democratic Republic of Congo with GBS (Global Broadband Solutions
  • Establishment of the first cross-border links from anywhere in Mozambique to South Africa and beyond.
  • Further strengthening of its landing of the Equiano subsea cable in Namibia with open services to provide 20 times more capacity in the region.
  • Overall, providing a seamless connectivity service for its customers anywhere on the continent backed by round-the-clock support by trained technicians and experts.

Among the group’s achievements already are that:

  • It has built and runs its own network infrastructure; has operating companies in seven southern African countries with satellite connectivity in a further 35 countries on the continent
  • It has points of presence (PoPs) in the US, the UK and Europe; and has built and runs four internationally accredited Data Centers in three African countries.

The Paratus Group CEO, Schalk Erasmus says: “While we are justifiably proud of our achievements so far, we’re just getting started and the best is yet to come.  Not only do we have the right foundations, the backbone, and the know-how, but also the right people and the full-on intent to make real our vision.  With so many interventions in place already, our expansion and our aim is to transform Africa through exceptional infrastructure and service are already well underway”

“Our service is unequalled in Africa and our network is super-charged by speed, capacity, power, and robust infrastructure all of which ensures our customers are 100% connected all the time. We believe that fast, safe and ubiquitous connectivity is the essential force that will make Africa great, and this is critically important if Africa is to thrive and compete equally on the world stage”.

Angola Paratus
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Gugu Lourie
  • Website

Related Posts

New SITA CEO Vows: Faster Digital State, Stronger Security For All

2026-01-15

Stablecoins Are Gaining Ground As Digital Currency In Africa: How To Avoid Risks

2026-01-13

New Volvo EX60 Promises Up to 810km Range With A Quick Recharge

2026-01-08

SIU, Hawks In Coordinated Raids On Alleged R161M Covid-19 TERS Fraud Syndicate

2025-12-11

VERAFIED And Nolo Phiri Lead A New Digital Truth Movement In The Age Of AI Misinformation

2025-12-03

Can AI Be Inclusive Without Africa?

2025-12-01

Crypto Payments Startup Oobit Accelerates Global Expansion Strategy with Launch in South Africa

2025-11-28

Over R270M In Phuthuma Nathi Dividends Remain Unclaimed

2025-11-27

SwapVend Launches Barter To Connect SA’s Informal & Formal Economies Through Humanised Tech

2025-11-27
Leave A Reply Cancel Reply

DON'T MISS
Breaking News

Chery SA to Buy Nissan Rosslyn Plant, Save Jobs

In a major development for South Africa’s automotive industry, Nissan and Chery SA have reached…

Directing The Dual Workforce In The Age of AI Agents

2026-01-22

Huawei Says The Next Wave Of Infrastructure Investment Must Include People, Not Only Platforms

2026-01-21

South Africa: Best Starting Point In Years, With 3 Clear Priorities Ahead

2026-01-12
Stay In Touch
  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
OUR PICKS

Mettus Launches Splendi App To Help Young South Africans Manage Their Credit Health

2026-01-22

The EX60: A Volvo That Talks Back

2026-01-20

Over R270M In Phuthuma Nathi Dividends Remain Unclaimed

2025-11-27

Africa’s Next Voice Revolution, When 5G Meets AI

2025-11-21

Subscribe to Updates

Get the latest tech news from TechFinancials about telecoms, fintech and connected life.

About Us

TechFinancials delivers in-depth analysis of tech, digital revolution, fintech, e-commerce, digital banking and breaking tech news.

Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp Reddit RSS
Our Picks

Chery SA to Buy Nissan Rosslyn Plant, Save Jobs

2026-01-23

8win Joins Forces with Leicester City Football Club in New Global Partnership

2026-01-22

Holiday Retail momentum and Business Travel Growth Drive National Economic Activity, Visa Consulting & Analytics Reports

2026-01-22
Recent Posts
  • Chery SA to Buy Nissan Rosslyn Plant, Save Jobs
  • 8win Joins Forces with Leicester City Football Club in New Global Partnership
  • Holiday Retail momentum and Business Travel Growth Drive National Economic Activity, Visa Consulting & Analytics Reports
  • Leading Altcoin to Buy for Solana-Powered Banking Digitap ($TAP) Overtakes $1.49 SUI
  • Digitap ($TAP) vs. $1.89 XRP: Why this Crypto Presale is Up 250% and Scaling
TechFinancials
RSS Facebook X (Twitter) LinkedIn YouTube WhatsApp
  • Homepage
  • Newsletter
  • Contact
  • Advertise
  • Privacy Policy
  • About
© 2026 TechFinancials. Designed by TFS Media. TechFinancials brings you trusted, around-the-clock news on African tech, crypto, and finance. Our goal is to keep you informed in this fast-moving digital world. Now, the serious part (please read this): Trading is Risky: Buying and selling things like cryptocurrencies and CFDs is very risky. Because of leverage, you can lose your money much faster than you might expect. We Are Not Advisors: We are a news website. We do not provide investment, legal, or financial advice. Our content is for information and education only. Do Your Own Research: Never rely on a single source. Always conduct your own research before making any financial decision. A link to another company is not our stamp of approval. You Are Responsible: Your investments are your own. You could lose some or all of your money. Past performance does not predict future results. In short: We report the news. You make the decisions, and you take the risks. Please be careful.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.