13 March 2024
Data consumption is booming across the globe – is Africa’s infrastructure ready?
Data consumption is more than booming in Africa and the infrastructure is evolving to cater for it. However, 2G and 3G are not data enabling technology – it’s 4G and beyond that are most needed. As such, every time 4G coverage expands and device uptake increases, true broadband penetration advances.
Read the full article07 March 2024
We've been in Africa for a very long time, staring with Ethiopia in 1894 and Egypt in1897. We are part of the entire mobile lifecycle and - depending on what generation it is - we're very present in terms of mobile financial services, which have had tremendous success in Africa.
Monetising technology
On the continent, we're going to continue working on the monetisation of 5G; we see some good examples in mining, for instance, and other vertical industries where we can take proof of concepts and even make some commercial deployments.
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06 March 2024
In today’s rapidly evolving financial services landscape, the once-distinct boundaries separating banks, telecommunications companies (telcos), and insurance providers have become increasingly blurred. This convergence is driven by a multitude of factors, including the proliferation of data, the growth of the Internet of Things (IoT), and innovative business models.
The driving forces
One of the primary drivers behind the convergence of banks, telcos, and insurance companies is the brand presence and wide-established infrastructure that telcos and insurance companies bring to the table. This provides a strong foundation for collaborative efforts in the financial sector.
06 March 2024
Paratus Group has set some ambitious goals to double its footprint in the next five years. Unconstrained by conventional thinking, the group’s latest strategy sets its sights remarkably high, embracing a bold and daring vision. Meet Co-Founder and Group CEO, Schalk Erasmus, who is leading the charge to massively expand the Group’s operations in Africa.
Our plan is to establish Paratus in all countries south of the equator. We are the number one telco to work for in Africa”, says Erasmus. “This is key to ensuring our goal is reached. Our people’s passion, professionalism and commitment are the cornerstones of the Paratus Group’s success to date. As we invest in new infrastructure, we are
determined to equally invest in empowering our people, in motivating them and in leading them to personal and shared success – because we know that we cannot achieve our ambitious expansions and growth without our people fully sharing in the journey.”