A connected vision
Gateway Communications aims to use the proceeds of its bond offering to develop further its provision of national and international connectivity services to telecommunications operators in Africa – predominantly supporting mobile subscribers where there is limited backbone telecommunications infrastructure.

Gateway provides direct connections to around 30 African countries with operators servicing over 85 million mobile and fixed-line subscribers.

The bond issue will support the Gateway vision of high quality, next generation technology and services, to deliver voice and data connectivity to new African markets, as well as those 30 African countries that Gateway already serves.

Julian McIntyre, Gateway’s president and chief treasurer, describes the Gateway bond transaction - a first for a pan-African issuer – as, “Confirmation of growing international investment interest in the African continent. The capital investment that the bond issue represents, combined with Gateway’s strong performance in African markets and its reputation for quality, reliability, breadth of service and leadership position in Africa, puts us in an excellent position to continue to grow the business”.

Peter Gbedemah, CEO of Gateway Communications, added that completing the transaction enables Gateway, “To invest further in meeting the expanding requirements of its customers and offer enhanced connectivity across the continent.”