Local independent voice and data provider Otel has acquired fixed and wireless broadband Internet service provider (ISP) Jireh Technologies, for an undisclosed sum.
Otel believes Jireh's resources will help the company achieve its vision of becoming a fully-fledged ICT systems integrator while continuing to add value to its business customers.
"The strategic acquisition of Jireh not only supports Otel's growth strategy but has an additional and welcome client focus through the access to last mile services that it provides. This will help drive down data prices which is a current national ICT imperative," says Rad Jankovic, Otel CEO.
Jireh founding CEO Anthony Engelbrecht will transition to the role of Otel CTO and become an Otel shareholder.
"Bringing Jireh's significant technical resources into the Otel fold helps support ICT market competition in South Africa by enabling Otel to do an even better job of levelling the broadband playing field," the company says.
Jireh's internal systems and processes and core network performance are already paying dividends for the formerly sales-focused Otel. Jireh's technical team also adds a number of skills to Otel, including fibre and wireless installations, application and software development, as well as an ISP management system "that will add tremendous value to the Otel reseller channel" once fully launched during the course of 2017.
"We continue to be on the look-out for acquisition and partnership opportunities around South Africa that will help Otel deliver value at either the infrastructure or services provision level," adds Jankovic.
Otel is a licensed fibre-to-the-home and business-to-business provider of voice over IP and broadband infrastructure-as-a-service solutions.
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