Pan-African Liquid Telecom Group has completed the $500M purchase of South Africa's Neotel

Nic Rudnick, CEO, Liquid Telecom

South African communications network operator Neotel has officially become part of the pan-African telecoms group Liquid Telecom, marking a new era of investment in Neotel’s network and services across South Africa.

Through substantial new capital from Liquid Telecom, which is a subsidiary of Econet Global, a revitalised Neotel will emerge on the South African market with significantly enhanced service offerings for enterprises and consumers.

Over the coming months, Liquid Telecom plans to make extensive upgrades and expansions to Neotel’s network, delivering greater levels of high-speed connectivity to more customers across South Africa.

Read more: Neotel Officially Becomes Part Of The Pan-African Liquid Telecom Group – Telecoms Business