Liquid Intelligent Technologies Finalises Acquisition of Telrad

Nic Rudnick, Deputy Chairman, Liquid Intelligent Technologies

One of Africa’s leading technology infrastructure and services provider Liquid Intelligent Technologies (Liquid), a business of Cassava Technologies (Cassava), has announced the finalisation of its 100% acquisition and delisting of Telrad, an Israeli-based technology company. Telrad has a significant presence in 13 countries across the Middle East, South America, United States, Eastern Europe, Asia and provides high-quality technology products and services for global businesses and governments. The company offers innovative technology solutions, including networking, cloud infrastructure, information technology, geoinformatics and cybersecurity.

Liquid has a unique ecosystem of intelligent technologies which bring high-speed and reliable cross-border connectivity, colocation, cloud, cybersecurity and digital services to mobile carriers and blue-chip enterprises. With a wholly owned, open access fibre network spanning 100,000 km, Liquid provides both local and regional connectivity. The terrestrial infrastructure is augmented by a vast network of subsea cables complementing Liquid’s international connectivity footprint.  Liquid’s cloud solutions include networking, cloud voice, cloud applications as well as cloud platforms, whilst its cyber security services include cyber defence, secure access and secure data.

Nic Rudnick, Deputy Chairman, Liquid Intelligent Technologies
Nic Rudnick, Deputy Chairman, Liquid Intelligent Technologies

According to Nic Rudnick, Deputy Chairman, Liquid Intelligent Technologies, “Earlier this year, Liquid had entered into a definitive agreement to acquire Telrad, and I am pleased that we have concluded this transaction. We look forward to the seamless integration of Telrad’s strong R&D programme and technology solutions in cyber security, data centres and wireless access technology with Liquid’s existing portfolio of solutions. Liquid and Telrad share similar ideologies of empowering customers through cost-effective connectivity and technology solutions. Together we will continue to digitally transform businesses globally”.

Read also : Nigerian Fintech Startup TeamApt Raises $50M+ New Funding

Mr Moti Elmaliach, Telrad’s Chief Executive Officer said, “Telrad has an incredibly strong track record of success and a rich history of innovation. We are excited to join forces and to leverage Telrad’s expertise across the full technology value chain along with that of Liquid and the wider Cassava group. This is an exciting step for Telrad,” said Elmaliach, “and an opportunity to innovate and grow exponentially in both the Israeli and international markets”.

Rudnick added, “Telrad will continue to be led by Mr. Moti Elmaliach as CEO, who will also be appointed to the group’s executive team and will be part of the international growth of the Liquid business globally”.

Read also Fintech Startups In Morocco Now Have Easier Way Of Dealing With Capital Market Authority. Here’s How

Cassava was founded by African entrepreneur Strive Masiyiwa. The group’s Executive Chairman, Masiyiwa also serves on several international boards including Unilever Plc, Netflix, the Global Advisory Board for Bank of America, the Bill and Melinda Gates Foundation, and is also a longstanding board member of the United States Holocaust Museum’s Committee on Conscience.

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry

Liquid Technologies to Acquire Israeli Firm Telrad

Liquid Intelligent Technologies, Africa’s leading technology company Liquid Intelligent Technologies has announced that it has entered into a definitive agreement to acquire Telrad, an Israeli-based technology company. Telrad is an Israeli based innovative technology business with an extensive B2B offering. The endgame is to build a formidable conglomerate with Telrad’s strong R&D program and technology solutions to complement Liquid Intelligent Technologies’ owned infrastructure and digital solutions offerings.

Nic Rudnick, Group Chief Executive Officer of Liquid
Nic Rudnick, Group Chief Executive Officer of Liquid

Telrad provides and maintains high quality technology products and services for global business and governments. The company develops innovative technology solutions across business areas including networking, cyber security, cloud infrastructure, data centres, information technology, geoinformatics, and education.

This transaction brings together Telrad’s differentiated technology solutions with those of Liquids’ unique, integrated platform of digital infrastructure and services. Telrad’s technology solutions and extensive R&D capabilities, including two dedicated R&D centers, will complement Liquids’ offerings and support its long-term growth strategy. 

Read also Ride-hailing Company Careem Ventures Into Fintech After 10 Years In Business

The acquisition will strengthen Liquid’s B2B product segments and its geographic reach, leveraging Telrad’s presence in 13 countries across the Middle East, South America, United States, Eastern Europe and Asia.

Nic Rudnick, Group Chief Executive Officer of Liquid, said: “Telrad’s advanced proprietary technology in areas including cyber security, data centres and wireless access technology will be a great asset to Liquid’s digital solutions. Together, we will be able to leverage our pan-continental infrastructure to scale innovative, technology solutions and expand the breadth of our digital services offerings across and beyond Africa.”

Telrad Chief Executive Officer, Moti Elmaliach, said: “Liquid has an incredibly strong track record of success and a rich history of innovation. We are excited to join forces and to leverage Liquid’s expertise across the full technology value chain, from the subsea cable to the last mile. This is an exciting step for Telrad, our team and the customers we serve.”

Many leading global technology companies have chosen Liquid Intelligent Technologies as their trusted partner to accelerate digital transformation and we look forward to delivering on this shared ambition together.”

The transaction is subject to customary closing conditions, including Telrad shareholder approval.

Read also “All startup founders must be financially literate.” – Olumide Adesina

Telrad is a leading global technology company based in Israel. The company offers products, services and technology solutions to clients in over 100 countries, by offering a complete end-to-end proposition, utilizing a mix of superior internally developed products and partnering with best-of-breed vendors, across three business segments; namely (i) wireless communication; (ii) IT & Infrastructure; and (iii) BPO & Geoinformatics. Telrad has strong and long standing partnerships with top tier global businesses and governments.

Read also Viva Technology and IFC Reveal Top 45 Most Innovative Startups In Africa

Liquid Intelligent Technologies is a business of Cassava Technologies, a pan-African technology group present in more than 20 countries, mainly in sub-Saharan Africa. Liquid has firmly established itself as the leading provider of pan-African digital infrastructure with an extensive fibre broadband network covering over 100,000 km. Liquid Intelligent Technologies is also leveraging its digital network to provide Cloud and Cyber Security solutions through strategic partnerships with leading global players. Liquid Intelligent Technologies is a comprehensive technology solutions group that provides customised digital solutions to public and private sector enterprises and SMEs across the continent. 

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry

Liquid Technologies Partners Facebook to Build Fibre Network in DRC

Nic Rudnick, Group Chief Executive Officer, Liquid Intelligent Technologies

The Democratic Republic of Congo stands to experience more robust internet connections with the new partnership agreement between Liquid Technologies and Facebook aimed at building an extensive long haul and metro fibre network in the country. The project is expected to improve internet access for more than 30 million people and help meet the growing demand for regional connectivity across Central Africa.

Facebook will invest in building the fibre infrastructure and support network planning. Liquid Technologies will own, build and operate the fibre network, and provide wholesale services to mobile network operators and internet service providers. The network will help create a digital corridor from the Atlantic Ocean through the Congo Rainforest, the second-largest rainforest after the Amazon, to East Africa, and onto the Indian Ocean.

Nic Rudnick, Group Chief Executive Officer, Liquid Intelligent Technologies
Nic Rudnick, Group Chief Executive Officer, Liquid Intelligent Technologies

Liquid Technologies has been working on the digital corridor for more than two years, which now reaches Central DRC. This corridor will connect DRC to its neighbouring countries including Angola, Congo Brazzaville, Rwanda, Tanzania, Uganda, and Zambia.

Read also:Calls, Internet Rates Gets Expensive in Kenya Following Finance Act Ruling

The new build will stretch from Central DRC to the Eastern border with Rwanda and extend the reach of 2Africa, a major undersea cable that will land along both the East and West African coasts, and better connect Africa to the Middle East and Europe. Additionally, Liquid will employ more than 5,000 people from local communities to build the fibre network.

“This is one of the most difficult fibre builds ever undertaken, crossing more than 2,000 kilometres of some of the most challenging terrain in the world,” said Nic Rudnick, Group CEO of Liquid Intelligent Technologies.

Read also : National Bank Of Egypt Adopts RippleNet Blockchain Technology

“Liquid Technologies and Facebook have a common mission to provide affordable infrastructure to bridge connectivity gaps, and we believe our work together will have a tremendous impact on internet accessibility across the region.”

“This fibre build with Liquid Technologies is one of the most exciting projects we have worked on,” said Ibrahima Ba, Director of Network Investments, Emerging Markets at Facebook.

Read also:Every Digital Business Needs a Data Strategy

“We know that deploying fibre in this region is not easy, but it is a crucial part of extending broadband access to under-connected areas. We look forward to seeing how our fibre build will help increase the availability and improve the affordability of high-quality internet in DRC.”

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry

Liquid Technologies Becomes Africa’s Largest Independent Network Provider, Hits 100,000 km Milestones

With a large expanse of  fibre infrastructure that impacts more than 100 million people across 643 towns and cities in Africa, Liquid Intelligent Technologies, a digital solutions provider Liquid Intelligent Technologies achieves the 100,000 km fibre network milestone, positioning the organisation as the largest independent fibre network provider in emerging markets globally.

Liquid has been manoeuvring steadily through Africa, investing in increasing its reach, which it has successfully done, moving the dial from 89,989 km at the beginning of 2021 to reach this new milestone now.

Nic Rudnick, Group Chief Executive Officer, Liquid Intelligent Technologies
Nic Rudnick, Group Chief Executive Officer, Liquid Intelligent Technologies

With its additional fibre network connecting 14 countries, primarily in Sub-Saharan Africa, customers can now explore opportunities in Africa and across the US, Asian and European markets.

Read also:Nigeria’s Terragon Verified as Leader in Data and Marketing Technology

The organisation’s fibre infrastructure impacts more than 100 million people across 643 towns and cities on the continent.

This extensive network will create new opportunities by making digital inclusion a reality for businesses and individuals across the continent and ultimately accelerating the ongoing digital transformation in Africa.

This well-earned achievement has not come without the extensive effort and drive that followed Liquid’s initial vision and growth plan, as noted by Nic Rudnick, Group Chief Executive Officer, Liquid Intelligent Technologies.

“Over the years we have been successfully connecting countries through our high-speed connectivity and digital services.

Read also:How WhatsApp Business API is Changing SMEs Journey in Kenya

Our successful partnerships with customers ensured that today we are recognised as a technology company that has brought local businesses access to Cloud capabilities, world-class Cyber Security solutions in addition to our existing telecoms and connectivity capability”.

Accomplishing one achievement after the next, Liquid recently expanded its operations in the Democratic Republic of Congo, bringing its world-class fibre network and digital services to a country that previously relied only on expensive mobile broadband.

For the first time, 2.7 million people of Mbuji-Mayi in the DRC will have access to fibre connectivity, creating an environment that stimulates exciting new sector growth opportunities.

Knowing that connectivity is vital for Africa’s economic growth, the extended penetration will also enable small businesses, enterprises, and government entities to increase their competitiveness through the many digital solutions catering to their individual needs.

Read also:Nigeria’s Central Bank Raises Capital Requirements for Payment Solutions Service Providers $609,000

Rudnick said, “The internet offers unprecedented opportunities for economic growth in developing countries. By providing access to information, connecting people to businesses everywhere, and opening up new markets, the internet can act as an enabler of economic activity and an engine for information sharing. Economic development is not about choosing between access to the internet and basic necessities, they need to work together to allow societies to flourish”.

According to Deloitte, it is estimated that by extending internet penetration, another 640 million children may access the internet and the wealth of information it makes available while they study.

With only a 20% internet penetration in Africa, the internet plays a pivotal role in extending access to educational resources and accelerating knowledge sharing among students and teachers.

It improves the quality of offline education, resulting in better school performance with online learning resources.

As a result of education improvement, young people are more employable, and improved literacy promotes social inclusion and benefits the economy.

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry

Why Liquid Telecom Rebrands as Liquid Intelligent Technologies

Nic Rudnick, Group Chief Executive Officer, Liquid Intelligent Technologies

The need to expand its expertise into the tech intelligence sector is behind the rebranding and restructuring going on at one of Africa’s leading telecommunications outfit; Liquid Telecoms. The company has over the last two decades established itself as the leading pan-African digital infrastructure provider with an extensive network spanning over 73,000 KM.  This new development is a culmination of the company’s extensive business transformation from being a telecommunications and digital services provider to a full one-stop-shop technology group through a group-wide rebrand.

Nic Rudnick, Group Chief Executive Officer, Liquid Intelligent Technologies
Nic Rudnick, Group Chief Executive Officer, Liquid Intelligent Technologies

Over the last two decades, Liquid has firmly established itself as the leading pan-African digital infrastructure provider with an extensive network spanning over 73,000 KM. This rebrand to Liquid Intelligent Technologies highlights the organization’s expansion of its Cloud business, Cyber Security services, and other technologies added to its existing telecoms and connectivity capability.

Read also:MTN To Confront Fintechs Properly As It Plans To Separate Fintech Services From Its Fibre Activities

This furthers the Group’s aim of accelerating growth by providing tailor-made digital solutions to businesses in the public and private sectors across the continent. This strategic rebrand reflects Liquid’s new digital-first product offerings, enabling employees and customers to interact with each other digitally irrespective of the time or location.

By aggressively expanding into new countries, including Nigeria and the Democratic Republic of Congo, Liquid Intelligent Technologies is bringing its award-winning high-performance network connectivity closer to more people and accelerating the development of the digital workplace. Liquid Intelligent Technologies will expand its Managed Services offerings to drive and ensure successful adoption of tools to re-imagine their customers’ businesses and how they work and connect. Whether they are focused on enabling collaboration or utilizing the most advanced cloud applications.

Read also:East African Social Business Incubator Opens Applications

As a Microsoft Gold Partner, Liquid Intelligent Technologies is redefining Network, Cloud and Cyber Security offerings through strategic partnerships with leading global players, bringing innovative business applications, intelligent cloud services and world-class security to the African continent. With the future of network security-driven from the cloud, Liquid Intelligent Technologies’ recently launched its Cyber Security business unit, which uniquely delivers security at its core, protecting your business’s data throughout its lifecycle.

According to Nic Rudnick, Group Chief Executive Officer, Liquid Intelligent Technologies, “Our ongoing investment in our networks and data centres across Africa have uniquely positioned us to utilise our infrastructure to accelerate the availability of new intelligent technologies including the high computing power of the Cloud, Artificial Intelligence and Cyber Security to our customers.

Read also:South African Conglomerate Launches New eCommerce Platform

We are now excited to be executing our vision of bringing new technological opportunities to the market with a highly differentiated product set supported by our existing infrastructure and digital innovation.”

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry