Comsol sees big opportunity in private 5G in South Africa
telecommunications company 40% owned by Andile Ngcaba’s Convergence Partners and 25% by Nedbank Private Equity, is using its access to prime radio frequency spectrum bands to build private 5G networks for enterprise customers – and the company sees this as a lucrative and growing opportunity in telecoms in South Africa.
Stevenson said Comsol has no interest in competing with the big mobile operators in serving the end-user consumer market. “We have been very cautious about which part of the market we tackle, and to stick to our knitting,” he said, adding that the company doesn’t have the balance sheet required to take on the majors directly. “We are not going to swing blows with the mobile network operators in their corner of the room.
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