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MenaNet Communications S.A.E. (www.menanet.net) is one of the leading Egyptian ISPs with dial-up
coverage offering services most of Egypt’s metropolitan cities. Based in Cairo, it offers a wide range of ISP
services including dial-up, leased lines, XDSL, WAP and web design & Hosting. In addition, MenaNet has
developed a free web-based mail service branded separately as FreeNet (www.freenet.com.eg), which offers a
range of value-added services, including SMS and Web based Calendar.
The company also has a 45% stake in Global Data Broadcasting System, an Egyptian joint stock company trading
under the name MenaSat (www.menasat.net), which provides high-speed broadband access to the Internet via
satellite downlinks for Customers in the Middle East and North Africa.
The African Lakes Corporation plc is the parent company of MenaNet Communications
S.A.E. and the Africa Online group of companies. African Lakes is a trans-African enterprise focused on
new technology and technical solutions for Africa and is listed on both the London and Nairobi
Stock Exchanges. African Lakes's recent acquisition of MenaNet represents a further step in the
ongoing development and expansion of the Africa Online business and towards the Group's
strategic vision of "Connecting Africa" and becoming the leading provider of Internet distribution and
online content in Africa. |
