What we do: Comsol Networks (Pty) Ltd offers guaranteed and dedicated high speed carrier grade solutions to over 200 South African metropolitan areas and towns. The company enables all major Telcos, Carriers and Service Providers to meet the connectivity needs of South Africa, giving them a superior open access network to deliver quality and reliable services to the marketivery. The company’s Low Power Wide Area Network (LPWAN) enables businesses to access the full benefits offered by smart devices backed by a global alliance and significant investment into infrastructure.

Ownership & Management: Comsol Networks is managed by its founders whose joint experience in the carrier market totals more than 65 years. Convergence Partners, Nedbank Private Equity and IDC provided funding (for 25% shareholding) for the initial rollout of its new network, Comsol Fibre Connect which offers high capacity wholesale connectivity to enterprise users backed by an enterprise grade Serve Level Agreement. Comsol Networks is currently level two BBBEE rated, which is derived from a combination of equity holding, sustainable procurement policies, enterprise development and corporate social investment projects.

Key financial indicators: Not provided. The company provides the functionality to connect customers in both major metros and small towns within a matter of days. Comsol Networks is supported by strong investors which are Convergence Partners, Nedbank Private Equity and the IDC.

Track record: Since its inception in 1997 Comsol Networks has installed thousands of wireless connections across the African continent. Comsol has several licenses including an Individual Electronic Communication Network Services (I-ECNS) Licence, Individual Electronic Communication Services (I-ECS) License and, more importantly, several highly sought-after and strategic national spectrum licenses issued by ICASA. Comsol Networks has the ability to combine the best of fibre and licenced wireless into a single solution and offer assured access with the flexibility. The company has the ability to facilitate the African Internet of Things development.

Contact details: Tel: (+27) 10 140 8800 Email: info@comsol.co.za Address: 152 Roan Crescent, Corporate Park North, Midrand, Johannesburg, South Africa Website: http://comsol.co.za

Or contact us for free additional information at info@peafrinsights.co.za