West Indian Ocean Cable Company
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West Indian Ocean Cable Company
West Indian Ocean Cable Company (WIOCC) operates as a wholesaler, providing capacity to international telecos, OTTs, Content Providers and internet service providers within and out of Africa. WIOCC offers carriers connectivity to over 550 locations across 30 African countries – utilising more than of terrestrial fibre and of submarine fibre-optic cable. WIOCC's international network reach currently extends to 100 cities in 29 countries in Europe and more than 700 cities in 70 countries globally. The company was established in 2008 and is jointly owned by 14 major African telecom operators, with support from five international development financial institutions: International Finance Corporation (IFC), African Development Bank (AfDB), French Development Bank (AFD), German Development Bank (KfW) and European Investment Bank (EIB). WIOCC's CEO (from October 2008 – Present) is Chris Wood. WIOCC is registered in the Republic of Mauritius with offices in Nairobi, Kenya and Johanne ...
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A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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