IFLR1000

Tshwane fibre optic network

1/12/2016
Project development
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ZAR 1.7 billion

$ 128.453 million

Completed

1/12/2016

Overview:

  • Thobela Telecoms has completed the rollout of a terrestrial broadband fibre optic network for the City of Tshwane.
  • The total project cost was ZAR1.7 bilion.
  • Absa Capital - a division of Absa Bank - served as mandated lead arranger and lender for the matter.
  • The project was structured as a build-operate-transfer deal.

Jon Moore - Journalist

Jurisdiction:

South Africa

Deal type:

Project development

Practice area:

Project development

Governing law:

South Africa

Industry sector:

Technology and telecommunications

Firms:
ENSafrica

Party: Thobela Telecoms (Project developer)

Lawyers: Eric le Grange, Lauren Petersen, Loren Tibshraeny, Sasha Singh

Werksmans Attorneys

Party: ABSA Capital (Mandated lead arranger, Lender)

Lawyer: Richard Roothman

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