South Africa’s leading IT Service Provider, BitCo Telecoms Reveals Exponential Growth in the ISP market
BitCo Telecoms, one of South Africa’s major Telecommunications and Internet Service Providers, announces fiscal and market share growth for 2021, as well as plans to expand its national last mile carrier-grade network and geographic coverage to outlying areas and towns in 2022 and beyond.
In 2021, BitCo had a great year of company growth, with a considerable increase in new client acquisition, top line growth, and an increase in specialized staff. In addition, the company’s Carrier and Channel Partner Network grew significantly to over 250 business partners across the country. This sustained pace reflects tremendous market opportunity and demand for BitCo’s high-quality services and solutions.
BitCo’s core network has a nationwide capacity of 120Gbps and can supply customers with up to 10Gbps last mile services, as well as a 24/7 service Level Agreement. “We believe one of the key reasons for our continuous market growth is due to the use of cloud technology,” says Michael Colin, BitCo Telecoms’ Chief Sales Officer. Customers recognize the need for high-capacity internet connections, as well as the quality differences between low-cost broadband and premium fiber services.”
“We’re quite pleased with our 2021 performance in terms of product, revenue, and delivery,” stated Dion Retief, Managing Director of BitCo Telecoms.
“Thanks to these successes, innovation and agility in the industry we are very well positioned in 2022 for expansive growth of the network, customers, and overall market share. Our enhanced commercial and go-to-market model will also empower channel partners and other ISPs to utilise world class technology and high-capacity connectivity, setting them up for success as well.”
BitCo has outlined several major initiatives in 2022 for continued expansion and growth in technology and products:
- Significant investment into the expansion of the Wireless (Microwave) Network powered by Radwin Carrier- Grade equipment into outlying towns across the country.
- Development into Network Security and SD-WAN Solutions driven by Fortinet, the worlds’ leading secured SD-WAN technology.
- Enhancement of DDoS mitigation and protection services with NETSCOUT Arbor DDoS mitigation solution.
- Extension of the last-mile business Fibre Network and establishment of new points of presence across the country.
- Evolution of the Cloud based PBX and scalable Voice Solutions.
Beyond advancements in business and technology, the company is also taking steps to improve customer relations and grow its business eco-system.
Retief adds, “Our unwavering commitment to our success, business strategy and channel has developed BitCo to where it is today and is expected to drive exponential growth in 2022.”
BitCo holds both IECS and IECNS licenses and is a proud member of The Internet Service Providers’ Association as well as the Wireless Access Providers’ Association.