Paratus gets big in Botswana

Windhoek — Listed telecommunications firm Paratus Namibia Holdings has expanded its reach in Botswana, and is now the largest independent network services provider in that country. This came as a result of the 100% acquisition of Broadband Botswana Internet (BBi) by Paratus Telecommunications (Pty) Ltd (Paratus). The deal, worth an undisclosed amount, was unconditionally approved by the Competition and Consumer Authority of Botswana recently. Both Paratus and BBi are licensed to provide a range of network and data management solutions and services to the business and residential sectors in Botswana. According to the two entities, the aim of the [operations] merger was to share their mutually beneficial aims by integrating business, providing economies of scale, and sharing infrastructure and office premises.

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