Connect with us

    Hi, what are you looking for?

    Business News

    Liquid Fibre Network Expands to Over 26,000 km Across Zimbabwe

    Liquid Fibre Network Expands to Over 26,000 km Across Zimbabwe

    Liquid Intelligent Technologies says it has laid over 110,000 kilometres of fibre in Africa, despite the cost of capital being a challenge in some other countries.

    Fibre is the fastest internet connection, utilising fibre optic cables for high-speed data transmission, but it is not universally accessible due to a lack of fibre cables in certain neighbourhoods.

    “Liquid has made significant investment in Zimbabwe and the African continent, we have laid over 110,000 km of fibre in Africa, making us Africa’s largest independent fibre network.

    “In Zimbabwe alone, we have laid over 26,000 kilometres of fibre, equipping individuals and businesses with access to enterprise-grade connectivity,” Wellington Makamure, chief executive officer of Liquid Intelligent Technologies Zimbabwe, said.

    According to the Digital Data Report Portal for Zimbabwe, the digital landscape in Zimbabwe has seen significant growth, with 5.48 million internet users recorded in January 2024.

    This represents a 32.6% internet penetration rate among the total population.

    Notably, between January 2023 and January 2024, the number of internet users increased by 115 thousand (a 2.2% rise).

    You May Also Like

    Business News

    The recent release of Harare’s Town Clerk has uncovered a web of corruption involving high-ranking officials and legal professionals, exposing the ongoing corruption undermining...

    Business News

    The Zimbabwean government has approved the National Climate Change Adaptation Plan for 2024-2030, aiming to integrate climate considerations into all major sectors and economic...

    Zimbabwe News

    President Emmerson Mnangagwa has approved two additional groundbreaking presidential initiatives aimed at empowering Zimbabwe’s economically marginalized population. These initiatives, the Presidential Internet Scheme (PIS)...

    Business News

    Harare, Zimbabwe | President Emmerson Mnangagwa has commended the Zimbabwean diaspora for playing a pivotal role in attracting foreign investors to the country, aligning...

    Copyright © 2024 News263.com | editor@news263.com