New group aims to snatch a head start on building 5G data network
SOME of SA’s best known business people will spend billions over the next few years to launch a new, national, very high-speed data network, claiming the effort is an antidote to the negativity surrounding the country’s economic woes.The group, which includes former FirstRand co-founder Paul Harris, tech-savvy former FNB CEO Michael Jordaan, and Design Indaba CEO Ravi Naidoo, aims to bring fibre-like speeds, initially to home users, bypassing the growing fashion for fibre-optic cable connections in SA’s richer suburbs.It will not initially be a competitor to existing mobile operators, but will provide sim-enabled routers for home use until its national network is established."We are essentially an LTE start-up and a competitor to fibre and ADSL connections," Harris said.Also part of the group is a consortium, the Multisource Group, which includes former MTN chief technology officer Phumlani Moholi and Brandon Leigh, both founders of Multisource, as well as management, including the ...
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