More than 33 000 homes located in 22 suburbs of the city of Johannesburg, South Africa, are now been covered by a network of fibre optic.
The project, which is being implemented by Vumatel, was established in 2014 to supply affordable high-speed fibre optic network connectivity to homes in South Africa.
The FTTH network project, as it is called, is being funded by Vantage Capital to the tune of R250 million (about US$16.6 million). The last portion of the funds was disbursed last week to allow the project to continue its journey up to the city of Cape Town, after connecting the suburbs of the commercial capital.
FTTH simply means Fibre-to-the-Home, and the initiative kicked off in the upper class of Parkhust.
Driven by strong customer demand for reliable high speed internet, Vumatel is said to boast a robust pipeline of additional suburbs for further network deployment.
Despite having one of the highest GDP per capita ratios in Africa, South Africa’s average broadband speed is one of the lowest on the continent. Vumatel appears to have come to the rescue of the country by covering this large deficit in high-speed broadband services for residential users in South Africa.