Optinet Systems
Optinet Systems, is a leading rail telecommunications and infrastructure turn-key company and responsible for laying of telecoms network in the Gautrain Rail Reserve, from inception. Optinet Systems delivers high availability integrated telecommunication solutions, including fibre optic networks, CCTV, data transmission, clock, public address, passenger information, SCADA and telephony systems into existing assets as well as greenfield projects. Optinet Systems offers an expanded portfolio of services comprising of project management, system design, system integration, equipment supply, installation, testing and commissioning.
It was acquired by SPG (through its wholly owned subsidiary Isithimela ICT Company (Pty) Ltd) in August 2020. This strategic acquisition places SPG at the forefront of rail and other infrastructure telecommunications projects, as well as a strong footing in the communications technology sector in general.
SPG holds 57% majority stake in Optinet Systems and thus the latter its subsidiary. This makes Optinet Systems a majority black owned company.
Optinet Systems is headed by Carl Weber (founder and CEO) and Malcolm Smith (a fibre installations expert), the company continues to be the preferred supplier of telecommunications systems in the Gautrain and beyond.