Mergers, Acquisitions and Financial Results

Cisco Systems Sub-Saharan Africa (SSA) says the second quarter to 29 January was the best in US dollar terms in the office's nine-year history. Describing the quarter as an exceptional period for the regional office, Cisco SSA's GM, Mokati Ramphele, says growth of 20% was achieved compared with the same quarter a year before.

Out of the three business segments – midmarket, small to medium enterprise and small office/home office – the service provider segment was the best performer, he says.

“The general deregulation of the market has created a vibe in the market and has unleashed huge potential. ISPs (Internet service providers) and Telkom are actively looking to boost their performance by installing reliable networks.

“This growth has been closely followed by the public sector. We are seeing good growth in spending as government increasingly apportions a percentage of its capital expenditure on enabling technology that will support connectivity.” Growth is driven by demand for routing, switching and advanced technologies, he adds.