Mozambique: Foreign currency shortage - Sixty-three companies have overdue invoices
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In many developing countries, local and international communications still often rely on expensive satellite links and a lot of people are still without access to a quality and reliable Internet connection.
“ICT infrastructure has become the basic building block of our modern society,” explains Paratus Mozambique managing director, Rui Costa. “It is a powerful engine of growth in the region where the costs for telecommunications is still very high. Our core mission is to ultimately close the digital divide through investing in infrastructure to provide and improve connectivity in the region,” he added.
Paratus Mozambique, is trail blazing throughout the region by leveraging their extensive network footprint as well as their partnership with one of the biggest global wireless broadband hardware manufacturing companies, RADWIN, to strengthen businesses’ connections. In addition to offering businesses Fibre and Microwave solutions through its own 3.5 gHz spectrum band, the telco operator also offers reliable VSAT solutions that can connect businesses anywhere.
Backed by additional capacity on three international routes of connectivity that guarantees quality and reliability, it’s no secret why a host of reputable financial institutions, including FNB, Standard Bank and United Bank for Africa (UBA) are already onboard, receiving world-class telecommunication services.
“We don’t believe in compromising when it comes to your ensuring your business is connected,” says Costa. “For us, investing in quality and reliable infrastructure has become custom to how we do business. We are thinking big about connecting Mozambique to the world.”
About Paratus Mozambique
Paratus Mozambique is part of the Paratus Group, which is the largest privately owned pan-African network operator. Established in February 2018, Paratus Mozambique currently provides fibre and wireless services in Maputo and Matola, and VSAT (satellite) solutions for remote and northern areas. With a specialised focus on wireless, Paratus Mozambique has a fully redundant network that connects two independent points-of-presence (PoPs) in Maputo and additional international points-of-presence across the continent.
In delivering Africa’s quality network, Paratus Mozambique thinks big and believes passionately in the potential of Africa. The company is investing in infrastructure and in delivering unlimited reliable and affordable connectivity which, in turn, will help unlock Africa’s potential.
About Paratus Group Holdings Ltd
Paratus Group is Africa’s quality network. With an eye on the future, the group is investing in infrastructure and establishing itself as a key player in delivering integrated network services across Africa. The Paratus Group is managed by a passionate and professional operational team in six African countries – Angola, Botswana, Mozambique, Namibia, South Africa, and Zambia – and the business’s extended network provides a satellite connectivity-focused service in 22 African countries and an additional 4000 satellite connections. This connects African businesses across the continent – from the West to the East coast – and delivers end-to-end service excellence. The group’s footprint extends beyond Africa to international (points of presence) PoPs in Europe and the US.
Born and bred in Africa, Paratus Group is thinking big as it grows its footprint to deliver Africa’s quality network. By understanding the unique opportunities that Africa offers business and individuals to break boundaries and to connect without limits, Paratus Group is committed to raising the bar for providing quality connectivity in Africa.
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