NEWS

Icolo plans KES 10 bln investment to set up data centres

Tuesday, Nov 17, 2015

A group of Kenyan investors under the trade name Icolo.io plan to invest KES 10 billion over ten years to construct rental data centres, Business Daily reported. Some of the infrastructure is due to be in place by 2016 in Mombasa and Nairobi. The project will more than double the current data hosting capacity of the country, which now stands at 500 data centres.

Icolo CEO Ranjiv Chenikel told the Nation that it will set up 580 data stands, acting as a centre for equipment, space and bandwidth for rent. Through its ten-year strategy, firm expects to capture the East African market, as well as deepen penetration in the country. The local firm has partnered with data providers Liquid Telecom, Jamii Telecom, Telecommunication Service Providers of Kenya (Tespok) and Seacom to data capacity.

Chenikel said foreign internet firms are all looking at setting up base in Kenya, and it will provide space as well as good data centres for their servers. The firm is looking to plug the gap in infrastructure in Kenya, especially in connectivity to rural areas. Despite the availability of submarine cables such as Eassy, Teams, Seacom and Lion2 in Mombasa, the supply of internet services is still low in parts of the country.

Icolo is seeking to provide a soft base for internet firms planning to enter Kenya by giving them ready infrastructure for data. Icolo states that its growth is hinged on the fact that Kenya is a hotbed of internet growth and there is huge demand for data infrastructure.

 

telecompaper.com

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