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12 August 2011
The company has identified new business lines to enter, says Broadlink CEO Mike Brown. Communications infrastructure provider Broadlink expects to grow revenue 60% in the year to February 2011.
The company, which provides a last mile telecoms alternative through the use of licensed microwave technology, has multiplied in size “many times” since it launched four years ago, says CEO Mike Brown.
Brown says the company has a pipeline of orders worth more than R350 million and signs up about 50 new customers every month. Last year, it turned over R83 million, he adds.
Broadlink is currently turning over about R12 million a month and has about 1 400 clients using its MetroNet service.
MetroNet is a fixed-wireless point-to-point data solution that is scalable and is used both as primary and secondary links to fulfil certain redundancy requirements.
Brown says the company has identified new business lines to enter and is setting up a dedicated satellite unit. Broadlink will build its own earth station and plans are already “way down the road”, he adds.
Broadlink sees “a lot of opportunity” to provide satellite services to parts of Africa that do not have direct access to the undersea cables, notes Brown. He adds the company is already present in 15 countries on the continent.
The company is also keeping its “eyes and ears” open for acquisition opportunities, Brown points out. He says Broadlink is cash-generative and is in a strong position to buy a company.
Broadlink is a subsidiary of WBS Holdings.
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By Nicola Mawson, ITWeb senior journalist. Johannesburg, 12 Aug 2011.
