PODCAST | Seacom looks beyond traditional telecoms business

Seacom’s strategy to win in the IT services arena and evolution of telecoms infrastructure is the focus of this edition of Business Day Spotlight. 

Host Mudiwa Gavaza is joined by Alpheus Mangale, Seacom’s group CEO. 

With shareholders such as Sanlam and Remgro, the company sells internet data capacity on its networks to businesses, internet service providers and mobile operators on a wholesale basis.

Founded in 2009, it connects SA’s internet traffic to Europe via its Eastern African undersea cable and holds about 25% of the wholesale fibre market locally, competing with firms such as Telkom, Vodacom and Liquid Intelligent Technologies.

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Mangale, who took over as CEO in March 2023, says the group has been actively working to build other revenue lines beyond its traditional telecoms offering. 

The group now consists of the traditional telecom infrastructure business and managed services for enterprise clients. 

He says Seacom’s strategy to is to offer more services to each of its connectivity clients while winning new ones. Tied to this is the group’s expansion in East and West Africa. 

Topics of discussion include Seacom’s shift in business strategy; the company’s plan to acquire businesses; what it takes to compete in the managed IT services market; and how the group is funding its growth. 

• Business Day Spotlight is a TimesLIVE Production.