Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Pan African Resources plc    PAF   GB0004300496

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 
The feature you requested does not exist. However, we suggest the following feature:

Pan African Resources : Paratus Telecom turns on first FTTH in Namibia

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/05/2016 | 04:34pm CET

Residents of Finkelstein Manor and Finkenstein Village outside Windhoek will now be able to enjoy world-class internet connectivity after being the recipients of the first-ever Fibre to the Home (FTTH) connection in Namibia. The FTTH was made possible by Paratus Telecom, which says it is the first 100 percent privately owned Pan-African operator to turn on FTTH in the country.

Developers of Finkenstein Manor and Finkenstein Village have partnered with Paratus Telecom to create the first-ever Namibian digital village, providing every home owner with a gateway to the digital age. According to Paratus Telecom, it has already started to deploy fibre to 550 homes and will be providing an all-inclusive turn-key service solution to residents.

Speaking from his Botswana office, Paratus Telecom Group CEO, Barney Harmse, says residents will now be able to enjoy endless value-added broadband services and connectivity solutions over a state-of-the-art fibre optic network.

Harmse believes this is the first FTTH deployment in Africa for a privately owned Pan-African operator, built on own infrastructure.

'The entire solution is an end-to-end solution from Paratus Telecom, completely independent of any third-party infrastructure. Looking forward, we plan to invest a total of more than N$150 million on infrastructure in Namibia over the next three years of which N$100 million will be invested in fibre infrastructure,' he explained.

Finkenstein Manor and Finkenstein Village developer, Gerdus Burmeister, said the fibre infrastructure will eventually be deployed to more than 1000 homes. 'Compared to any other connectivity medium, fibre reigns supreme. Due to its inherent speed, capacity and reliability, fibre will now enable us to implement a fully comprehensive access control and security solution, which will include CCTV on the estate - one of our primary objectives. Residents will now also be able to enjoy access to triple-play connectivity including voice, video and data solutions,' he stated.

Paratus Telecom is an African telecommunications company with the head office based in Windhoek. It also has fully-licensed offices in Angola, Botswana, Zambia and South Africa and delivers products and services to 22 African countries.

Paratus Telecom was founded as Internet Technologies Namibia in 2005 as the first privately and 100 percent wholly-owned Namibian telecommunications operator. The group turnover for 2016 was about N$1 billion and it plans to grow to N$1.2-billion for year ending February 2017. The total budget for Africa over the next five years is a staggering US$110 million.

Since inception, Paratus Telecom has established a prolific network extending across the entire Namibia, with additional international points-of-presence located in Johannesburg, Lisbon (Portugal) as well as London (UK).

(c) 2016 New Era Publication Corporation Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PAN AFRICAN RESOURCES PLC
12/05 PAN AFRICAN RESOURCES : Paratus Telecom turns on first FTTH in Namibia
12/05 PAN AFRICAN RESOURCES : To Produce Up To 56,000 Ounces Annually From Elikhulu
12/05 PAN AFRICAN RESOURCES : Elikhulu Project
12/05 PAN AFRICAN RESOURCES : Elikhulu Project
12/02 PAN AFRICAN RESOURCES : Africa’s love affair with Fidel Castro
12/01 PAN AFRICAN RESOURCES : APO-ASKY named Regional Carrier of the Year
11/30 PAN AFRICAN RESOURCES : ASKY named Regional Carrier of the Year
11/30 PAN AFRICAN RESOURCES : ASKY named Regional Carrier of the Year The AFRAA annual..
11/30 PAN AFRICAN RESOURCES : Seacom seeks growth by acquisitions
11/28 PAN AFRICAN RESOURCES : Dandemutande acquires YoAfrica
More news
Sector news : Gold Mining
11/29 Saudi king showcases mining hub in push to move beyond oil
11/18DJRANDGOLD RESOURCES : Newcrest Enter JV to Explore for Gold in Ivory Coast
11/11 FTSE falls as EM-exposed stocks weigh
11/09 FTSE recovers from Trump shock to hit one-week high
11/09 Factbox - Top winners and losers among Asian stocks after U.S. election
More sector news : Gold Mining
News from SeekingAlpha
10/27 How To Hunt For Stocks In The Resurgent Mining Sector
Advertisement
Financials ( GBP)
Sales 2017 219 M
EBIT 2017 80,5 M
Net income 2017 58,0 M
Finance 2017 10,5 M
Yield 2017 5,77%
P/E ratio 2017 7,06
P/E ratio 2018 7,40
EV / Sales 2017 1,53x
EV / Sales 2018 1,51x
Capitalization 345 M
More Financials
Chart PAN AFRICAN RESOURCES PLC
Duration : Period :
Pan African Resources plc Technical Analysis Chart | PAF | GB0004300496 | 4-Traders
Full-screen chart
Technical analysis trends PAN AFRICAN RESOU...
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 0,24  GBP
Spread / Average Target 35%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Cobus Loots Chief Executive Officer & Executive Director
Keith Cousens Spencer Independent Non-Executive Chairman
Anaki Karigeni Chief Operating Officer
Gideon Petrus Louw Finance Director & Executive Director
Hester Helena Hickey Independent Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
PAN AFRICAN RESOURCES ..128.30%439
BARRICK GOLD CORP.94.30%18 246
NEWMONT MINING CORP79.38%17 823
SAUDI ARABIAN MINING C..--.--%12 431
NEWCREST MINING LIMITE..46.34%10 768
SHANDONG GOLD MINING C..84.52%10 474
More Results