Telkom South Africa, the country’s incumbent fixed line and broadband operator, has agreed to collaborate with US-based AT&T, connecting its South African infrastructure with AT&T’s global network. The two companies have signed a memorandum of understanding (MoU) which will allow companies based in Sub-Saharan Africa to connect to other global markets more effectively. Reuben September, CEO of Telkom, stated, ‘This agreement will definitely contribute to our objective of expanding our leadership position beyond the borders of our country. The agreement will give impetus to Telkom’s determination to expand geographically and become a fully fledged Pan-African operator.’
On 24 February 2009 CommsUpdate reported on AT&T’s plans to spend USD1 billion on the development of its global network while driving new services and network-based applications to businesses.