SUBSIDIARY NAME
LAMININ TELECOMS (PTY) LIMITED
COUNTRY
SOUTH AFRICA
SECTOR/ INDUSTRY
INFRASTRUCTURE
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
MAY 9, 2022
ACQUISITION VALUATION
45 BILLION USD
TOTAL ASSET VALUATION
450 BILLION USD
TELECOMMUNICATION,IT
LAMININ TELECOMS (Pty) LIMITED : This project will not only provide quality broadband communication services in the country but will also create job opportunities for communities living in the area where the project is being implemented. Community upliftment and economic development through job creation is key in ensuring project ownership by community members, which has a direct bearing on the success of the project. The following figures indicate our serious intentions to contribute to reducing unemployment; especially of youth and women.