Comsol Secures Billions to Build New 5G Broadband Network in South Africa

Convergence-Backed Comsol to Build New South Africa 5G Network

Comsol Networks Pty Ltd. is completing a multi-billion-rand debt and equity raise to build a new 5G network in South Africa, according to founder and Chief Executive Officer Iain Stevenson.

Two South African billionaires fund new 5G network

The family of Chris Otto, who co-founded PSG and was a founding director of Capitec, has invested in Comsol, a new South African 5G network alongside Richard Came, who co-founded Dimension Data.Comsol will launch a consumer 5G-Advanced network in Gauteng by the end of this month and expand nationally from there, following a multi-billion-rand investment round. Iain Stevenson, the company's chief executive, declined to give the value of the trans…

Comsol Targets South Africa Home Broadband With 2,000-Site 5G-Advanced Network, 1 Million Gauteng Homes Already Covered

South African fixed wireless and private network operator Comsol is expanding into the home broadband market with a wholesale 5G-Advanced fixed wireless access (FWA) network, targeting nationwide coverage through around 2,000 base stations. 5G South Africa @ GSMA The nearly three-decade-old connectivity company has already started building the network and, within six months, has extended coverage to more than 1 million households in Gauteng. Com…

Comsol enters SA wholesale 5G home broadband market with new backers

Comsol, a South African fixed wireless connectivity and private network operator, is entering the home broadband market as a wholesale provider of 5G infrastructure. The move is backed by two new shareholders, Platform Investment Partners and Wimsey Capital, who are funding a multibillion-rand buildout of a purpose-built 5G-Advanced fixed wireless access network. The new shareholding … The post Comsol enters SA wholesale 5G home broadband market…

Comsol enters wholesale 5G home broadband market with backing from new shareholders

Comsol aims to blanket South Africa with around 2,000 base stations, representing one of the country’s largest standards-based and highest-capacity 5G networks JOHANNESBURG, South Africa, August 20, 2026/APO Group/ — New shareholder alignment funds the multibillion-rand buildout of a purpose-built 5G-Advanced fixed wireless access (FWA) network. Wholesale model enables established ISPs, MVNOs, WISPs and new market entrants to access South Afri…

Comsol secures billions to build new 5G broadband network in South Africa

Comsol, a South African telecommunications company, has secured an undisclosed multibillion-rand investment to establish a national wholesale 5G broadband network. This marks a big shift from its focus on business connectivity to the home internet market. The company has started rolling out this network, which currently reaches over one million households, with plans to expand further across the country by the end of 2026. The goal is to set up …