Former Telkom CEO Papi Molotsane's Synglo Technologies has bought a 65% stake in value-added network service provider UniNet for an undisclosed sum.

The deal, which was consummated in April after the two parties began discussion late last year, has an ironic twist to it: Telkom, under Molotsane's leadership bitterly opposed UniNet's link up with the Municipality of Knysna to supply a WiFi Internet and voice network that has made the town the first in Africa to be wirelessly connected.

Molotsane was ejected from Telkom last year, having run fowl of the board after he signed the East African Submarine Cable System (Eassy) construction agreement in contravention of the Department of Communication's wishes. He had also come in for heavy criticism of his handling of Telkom and the fact that he was seen then as an outsider to the telecommunications industry.

"UniNet has developed a reputation for being a disruptive company and Papi's buy-in continues that tradition," David Jarvis, UniNet founder says.

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