News


3M announces telecommunications deal with Malesela

14 August 2002 News

3M Telecommunications, a division of 3M South Africa, has announced a deal with Pretoria-based black-owned Malesela Group. The deal effectively gives Malesela the sole and exclusive rights to all 3M Telecommunications’ products within South Africa.

The deal is expected to generate a turnover value of R50-million and will assist in growing market share in the medium to long term.

3M is widely recognised as a world leader in product innovations for the communications industry. The company has been involved in the telecommunications industry in South Africa since 1958, as a leading supplier of connecting, splicing, insulating and protective products. The group's recent strategic acquisition of the European-based Quante Pouyet group of companies broadened its solutions capability.

"3M's decision to invest in and empower local businesses is a strategy the company firmly believes in," says Ian Brennan, 3M general manager: Telecom Market Centre. "The local and international transactions have broadened the company's capabilities. This black economic empowerment deal complements what 3M offers - a broader range of products, and extends beyond 3M satisfying its BEE requirements: it is a strategic business investment in the telecommunications industry within South Africa, on a long-term basis."

The Malesela Group is a successful black empowerment organisation and is a significant player in the SA telecoms industry. 3M's decision to appoint Malesela was two-fold: both companies share the same vision to be a network connectivity solutions provider and they enjoy complementary products in the manufacture of fibre-optic cable. Under the chairmanship of Dr Anna Mokgokong, Malesela operates in four main divisions: healthcare, power and energy, logistics, and telecommunications.

Malesela manufactures fibre-optic cables through its 51% control of cable-manufacturing company, M-TEC. The company was recently awarded 60% of the national Telkom tender and has the largest slice of Telkom's national fibre-optic cable contract over the next three years.

For more information: Mala Suriah, 3M Telecommunications/3M SA, 083 604 2508, msuriah@mmm.com





Share this article:
Share via emailShare via LinkedInPrint this page

Further reading:

Plan your media strategy with Technews Publishing
23 October 2019, Technews Publishing , News
Dear Marketer, Have you ever looked back on a year and wondered how you survived it? For the majority of South Africans, 2019 started benignly enough, cosily wrapped in the blanket of Ramaphoria that ...

Read more...
From the editor’s desk: Getting charged up for the new year
25 November 2019, Technews Publishing , News
The Springboks’ Rugby World Cup triumph in Japan couldn’t have come at a better time for South Africa, as the country was in desperate need of a jolt of positive energy going into the festive season. ...

Read more...
Battery Technologies Conference 2019
25 November 2019 , News, Editor's Choice
Batteries are a critical enabler of the Fourth Industrial Revolution, powering technology in products from laptops and handheld devices to electric vehicles and renewable energy storage.

Read more...
Boom, doom and gloom, or something completely different?
25 November 2019, Technews Publishing , News, Editor's Choice
As the end of 2019 looms, it’s time to look ahead to what next year might have in store, and reflect on the year gone by. And what a year it’s been.

Read more...
Actum Group remains resilient and optimistic for 2020
25 November 2019, Actum Electronics , News
Running a profitable business in South Africa is not for the fainthearted. With the national treasury downgrading this year’s growth forecast from 1,5% to 0,5%, and state-owned entities like Eskom negotiating ...

Read more...
Additional renewable energy development zones proposed
25 November 2019 , News
The second phase of the Strategic Environmental Assessment (SEA) for wind and solar photovoltaic (PV) energy in South Africa proposes three additional Renewable Energy Development Zones (REDZs) for wind ...

Read more...
Locally developed electronic circuit builder for students
25 November 2019, K Measure , News, Editor's Choice
K Measure, creator of the award-winning Seebox engineering education solution, has created a new innovation to enable quick and easy electronic circuit-building. The SeeBlocks electronic circuit creator ...

Read more...
Clearing the Static:Topic 9: Time to audit your ESD environment
25 November 2019, Actum Electronics , News
Now that we are nearing the end of the year, it is a good time to audit your existing static control products and procedures. The first line of defence should be your antistatic floor, since this is the ...

Read more...
Winning hackathon entry curbs cell tower battery theft
25 November 2019 , News
The fourth annual TADHackJHB was held at MTN’s head office in Fairland, Johannesburg, on 12 and 13 October, with a cell tower protection app emerging as the winner. The theme for the 2019 global TADHack ...

Read more...
Products of the Year 2019
25 November 2019 , News
SmartServer IoT by Adesto    BAW-based chips for comms infrastructure    Cellular modules for LPWA applications    SoCs and software for smart home and IIoT    Secure element for IoT authentication    MPU for embedded ...

Read more...