Synglo Technologies, which is a 100% BEE company involved in the ICT Sector, headed by Papi Molotsane has acquired a 65% stake in UniNet.

Papi, who previously headed up New York Listed Incumbent Telkom, is now the Executive Chairperson of UniNet, and plans to revolutionize the telecoms sector in Africa using UniNet as the vehicle.
UniNet’s previous CEO and founder David Jarvis has driven much of the technology innovation in the company and is recognized as a regulatory reform activist and the continents pre-eminent expert on wireless broadband.
David continues to serve as executive director on the UniNet board. Under David’s leadership the company has developed an unmatched track record in Southern Africa as a leader in Open Access telecommunications networks over the past 10 years. UniNet is well known internationally for its partnership with the Knysna Municipality, the first wireless broadband city on the African continent, that delivers on Governments mandate of universal access for all. The World bank, Infodev, ITU and UN ICT Taskforce have recognized UniNet as a leader in the emerging markets as a “best practice case study”.

Full Story: http://mybroadband.co.za/news/Telecoms/4359.html