Vantage Mezzanine announced it concluded a transaction with Ghana operator Surfline Communications to provide USD 30 million of expansion capital to the company together with a fund co-investor.<\/p>\n
The funds will be used for the on-going expansion of Surfline’s LTE network in Ghana as well as to grow its product distribution and marketing network.<\/p>\n
[contextly_sidebar id=”aVHePNahGbpuzG9bQ0N92dGYhPNkUlzi”]The network achieved a successful commercial launch in August and is experiencing tremendous growth in its customer base, in both the consumer and corporate segments, Surfline said.<\/p>\n
Surfline is Vantage’s second investment in Ghana.<\/p>\n
Surfline officially launched Ghana\u2019s first 4G LTE network in Accra and Tema, giving both consumers and business internet speeds that are ten times faster than 3G services currently on offer.<\/p>\n
Marking the historic occasion, Surfline \u2013 the only telecoms company owned 100% by Ghanaians \u2013 announced a tasty, limited launch offer: free devices and double bonus for life, for all new customers.<\/p>\n
Less than 20% of Ghanaians currently use the internet; a statistic not lost on Surfline, who believe this represents an opportunity to inspire businesses, families and students to embrace the internet and achieve and experience much more, in less time.<\/p>\n
Speaking to Citi Business news<\/strong> at the launch, Head of Marketing Communications at Surfline, Rosey Fynn said \u201cwith strong reliable network, we will actually be able to increase the internet penetration to get Ghana to be a part of a connected world.\u201d<\/p>\n –<\/p>\n Source: Telecompaper<\/p>\n","protected":false},"excerpt":{"rendered":" Vantage Mezzanine announced it concluded a transaction with Ghana operator Surfline Communications to provide USD 30 million of expansion capital to the company together with a fund co-investor. The funds will be used for the on-going expansion of Surfline’s LTE network in Ghana as well as to grow its product distribution and marketing network. [contextly_sidebar […]<\/p>\n","protected":false},"author":25,"featured_media":40357,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[19],"tags":[20],"class_list":["post-62297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health","tag-mental-health-authority"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/62297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62297"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/62297\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/40357"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}