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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.

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