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Johannesburg - South Africa's second network operator is expected to launch services for business later this year while consumer solutions will be delivered from next year, the firm said in a statement.
"The company is expected to gradually start providing enterprise solutions towards the end of this calendar year and
consumer services for the broader public in the first quarter of next year, the company licensed in 2005 said in a statement.
The second network operator will compete with government-controlled Telkom's fixed-line monopoly which is accused by
industry bodies of abusing its position.
The SNO's shareholders include Transtel, a divison of state-owned logistics group Transnet, and India's Tata group.
The group said Transnet had accepted an offer of R256m for a major portion of assets created by Transtel.
The assets include deployed optical fibre cable, telecommunications equipment and facilities countrywide.
"The availability of these assets to the SNO will facilitate the early roll-out of enterprise and consumer services across the major cities as contemplated by the SNO," the company said.
The company received its Public Switched Telecommunication Service licence in December last year.
Its launch has been delayed several times due to infighting among shareholders.