Cisco announces deal with South African phone service provider

editor — Wed, 14 Feb 2007 05:50:00 +0000

“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 Ciscoâ€™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.”

California International Business Report » South Africa

Cisco announces deal with South African phone service provider