South Africa

February 14, 2007

Cisco announces deal with South African phone service provider

“Cisco Systems on Tuesday announced a deal with South African phone service provider MTN. MTN, which does business in 21 African countries and the Middle East, joins Wataniya Telecom of Kuwait as a customer of Cisco’s systems that help shuttle data between cell sites… Cisco enhanced its financial capacity in much of the developing world with $2 billion worth of short-term inventory financing. The San Jose, California-based firm said in December that it had secured the financing from Citibank, GE Capital Solutions, and Standard Chartered Bank to help its customers in developing nations secure Cisco equipment.”

Filed under Banking and Financial Services, South Africa, Telecommunications by

Made with an easy to use WordPress theme • Blues skin by TechieCoach