RMB facilitates landmark fibre infrastructure acquisition

Open-access fibre network operator Octotel’s acquisition by a consortium has closed under accelerated timelines, says RMB, which acted as the sole mandated lead arranger to fund the acquisition. The landmark transaction formed part of RMB’s commitment to advance investment in South Africa’s next-generation telecommunications infrastructure and the company’s comprehensive understanding of the fibre industry, combined with its strong relationships with all stakeholders involved, ensured the successful structuring of a flexible debt package.