South Africa: Neotel scoops up cheaper bandwidth

Telecoms operator Neotel has become the anchor tenant on the Seacom cable, poised to deliver vast quantities of cheaper bandwidth to SA through a deal struck by its parent company, Tata Communications. Tata, which owns 56% of Neotel, has signed up as the undersea cable’s first big customer, and has struck another deal to actually manage the cable, its billing systems and customer relations on behalf of Seacom.