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Analysis Of Undersea Fiber Optic Cable

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In 2008 and early 2009, the world was still overcoming the difficult business and investment environment that was created by the global financial crisis. This meant that when Main One was intending to raise the $240 million it needed to construct its undersea fiber-optic cable, the company needed a strong partner that could see beyond the short term challenges and truly see the potential in the massive opportunity on which Main One was intending to capitalize. From the perspective of Harith General Partners and Main One were a strong fit. Harith believed deeply in Main One’s long term strategies and they were very impressed by the talent and vision of Opeke and the management she selected to work with her. Harith was able to leverage its experience with investments in South Africa to help Main One build a stronger governance and management structure that was better suited to responding to the specific challenges that the information and communications technology sector presented in Africa – including accelerating demand, increasing competition and shortage of last-mile infrastructure. Having representation, not only on Main One’s board, but, also on the audit, finance, and human resources subcommittees gave Harith a special insight into the inner workings of the company and greater influence on the company’s short-term and long-term strategies. During the period of time when the entrance of new bandwidth providers caused prices to drop, Harith provided strategic guidance as

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