16 Nov 2023
Finnfund invests in Fibertime Group utilising Nokia’s technology to bridge the digital divide
Nokia is providing both fiber access nodes for the fiber exchange and fiber modems to provide affordable and uncapped WiFi network with better quality for home workers and learners providing fast and affordable broadband internet across South Africa
“Tackling the usage gap is key in providing reliable and most importantly affordable access to the internet for individuals who are sensitive to the cost of data. We are happy to partner with fibertime™ and to be a part of their ambitious plans to bring fiber internet to townships as well as bridging the cash and digital economies. Of course, as a Finnish development financier and impact investor, we are proud to see that Nokia’s technology has such a crucial role in making this happen.”
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