Daily Archives: October 29, 2018

Spark ATM Systems Provides Massmart Customers Additional Access to Cash

ATMs to be placed in over 300 Walmart-subsidiary stores trading as Game, Cambridge, Makro, Rhino, Jumbo, Builders and others

CAPE TOWN, South Africa, Oct. 29, 2018 (GLOBE NEWSWIRE) — Shoppers at Massmart Group companies including Game, Cambridge, Makro, Rhino, Jumbo and Builders stores will now have additional and consistent access to convenient cash with in-store ATMs through an agreement concluded between Massmart, South Africa’s second largest retailer group, and Spark ATM Systems, the premier independent ATM deployer in South Africa and a subsidiary of Cardtronics.

Spark will become the primary provider of bank-branded turnkey ATM installations including terminal driving, processing, monitoring, cash replenishment and maintenance of ATMs at more than 300 Massmart group stores.

“We know we can count on Spark’s nationwide scale and extensive experience in working with diverse retailers to streamline our customers’ shopping experience,” said Gerhard Hayes, Group Financial Services Executive at Massmart which is owned by global retail giant Walmart. “From store to store, our customers will enjoy the same easy access to their cash using the best ATM technology and highest customer service levels in the South African ATM market.”

“Consumers appreciate the convenience of being able to accomplish multiple tasks in one place, such as withdrawing cash while they shop,” said Spark ATM’s Managing Director Marc Sternberg. “We are excited to aid Massmart in providing their customers with additional convenience as well as secure access to cash across the Massmart group stores.”

ATM deployments will commence in November 2018 and will be installed into the majority of Massmart stores within twelve months.

About Massmart
Massmart, Africa’s second largest retail group, with annualised sales of R90.6 billion, comprises four divisions operating in 425 stores across thirteen sub-Saharan countries. Through their widely recognized and differentiated retail and wholesale formats, they have leading shares in the General Merchandise, Liquor, Home Improvement and Wholesale Food markets. Their key foundations of high volume, low cost and operational excellence enable their price leadership.

About Spark ATM Systems
Spark ATM Systems is the premier independent ATM deployer in South Africa, installing and operating industry-leading ATM equipment to service the South African banking and retail ATM market. It has been a wholly owned subsidiary of Cardtronics plc (Nasdaq:CATM) since January 2017. Based in Cape Town, Spark operates a growing network of approximately 3,850 ATMs located across South Africa, processing millions of transactions each month. The company has a proven track record of providing innovative solutions for large and small retailers, financial institutions and independent merchants whose customers want quick, convenient and affordable access to their cash. For more information about Spark, visit www.sparkatm.co.za.

About Cardtronics (Nasdaq: CATM)
Cardtronics is the trusted leader in financial self-service, enabling cash transactions at approximately 230,000 ATMs across 10 countries in North America, Europe, Asia-Pacific, and Africa. Leveraging our unmatched scale, expertise and innovation, top-tier merchants and businesses of all sizes use our ATM solutions to drive growth, in-store traffic, and retail transactions. Financial services providers rely on Cardtronics to deliver superior service at their own ATMs, on Cardtronics ATMs where they place their brand, and through Cardtronics’ Allpoint Network, the world’s largest surcharge-free ATM network, with over 55,000 locations. As champions of cash, Cardtronics converts digital currency into physical cash, driving payments choice for businesses and consumers alike.

Contact Information

Spark ATM Systems Media Relations
Marc Sternberg
Managing Director
+27 21 512 3100
Investor Relations
Brad Conrad
EVP – Treasurer
+1 832-308-4975

Cardtronics is a registered trademark of Cardtronics plc and its subsidiaries

All other trademarks are the property of their respective owners.

Le projet PEACE Cable entre dans la phase de fabrication de câbles et de matériaux

SUZHOU, Chine, 29 octobre 2018 /PRNewswire/ — En collaboration avec Huawei Marine Networks Co. Ltd, PEACE Cable International Network Co., Ltd, une filiale de HENGTONG, a le plaisir d’annoncer aujourd’hui que le projet PEACE Cable est entré dans la phase de fabrication de câbles et de matériaux. S’étendant sur 12 000 km, le système PEACE Cable reliera l’Asie, l’Afrique et l’Europe et devrait être opérationnel d’ici le premier trimestre de 2020.

Route Overview of PEACE Cable

Une fois achevé, le système PEACE Cable à haut débit de 16 Tbits/s par paire de fibre, doté de la technologie 200G, offrira les itinéraires les plus courts sortant de la Chine et allant vers l’Europe et l’Afrique, réduisant considérablement le temps de latence et fournissant une nouvelle autoroute numérique pour connecter les régions entre elles. Les centres de données en accès libre et neutres vis-à-vis des opérateurs de ce système auront une grande incidence sur les pays connectés au réseau câblé.

Les câbles utilisés dans le cadre de ce projet sont fournis par Hengtong Marine Cable Systems, dont les câbles sous-marins sont également utilisés à l’échelle mondiale dans des projets récents comme le projet FOA au Chili, le projet PNG en Papouasie–Nouvelle-Guinée, le projet Avassa aux Comores, le projet NaSCOM aux Maldives, le projet Megacable au Mexique et le projet IGW au Pérou.

« PEACE Cable a établi un nouveau modèle d’entreprise dans le secteur des câbles sous-marins qui joue le rôle de pont dans les communications de ces régions et offre un potentiel de connectivité aux acteurs tout au long de l’itinéraire en investissant dans les relais pour gagner de la bande passante à la source, et ce de manière efficace », a déclaré le directeur d’exploitation de PEACE Cable, Sun Xiaohua.

À propos du projet PEACE Cable

Le projet PEACE Cable est un système de câbles privé d’une longueur de 12 000 km qui fournit à ses clients des services accessibles, flexibles et neutres vis-à-vis des opérateurs.

La conception du système intégrera les dernières technologies 200G et WSS, qui permettent de transmettre plus de 16 Tbits/s par paire de fibre, répondant ainsi aux besoins croissants des régions en matière de capacité réseau.

Ce réseau offrira un itinéraire rentable et diversifié pour répondre à la demande croissante de capacité réseau en Asie, en Afrique et en Europe, et sa topologie réduira considérablement la latence du réseau en adoptant la connexion directe la plus courte possible et en améliorant la diversité des itinéraires entre elles.

Photo- https://mma.prnewswire.com/media/775365/HENGTONG_peace_cable.jpg

PEACE Cable Project Enters into Cable and Material Manufacturing Stage

SUZHOU, China, Oct. 29, 2018 /PRNewswire/ — PEACE Cable International Network Co., Ltd, a subsidiary of HENGTONG, is pleased to announce today, in conjunction with Huawei Marine Networks Co. Ltd, that the PEACE Cable project has entered into the cable and material manufacturing stage. The PEACE Cable system spanning 12,000 km will connect Asia, Africa and Europe and is targeted to be ready for service in the first quarter of 2020.

Route Overview of PEACE Cable

Once completed, the high-speed, 200G, 16Tbps per fiber pair PEACE Cable system will offer the shortest routes from China to Europe and Africa, dramatically reducing latency and providing a new information expressway for interconnection between the regions. The system’s open access and carrier neutral data centers will have a big impact in the countries connected to the cable system.

This project’s cable being used are from Hengtong Marine Cable Systems, whose submarine cables have been applied globally in recent projects such as the FOA project in Chile, the PNG project in Papua New Guinea, Avassa project in Comoros, the NaSCOM project in the Maldives, the Megacable project in Mexico, and the IGW project in Peru.

Sun Xiaohua, Chief Operating Officer of PEACE Cable said, “PEACE Cable has created a new business model in the submarine cable industry that builds a bridge for these regions’ communications and provides connectivity opportunities to players all along the route by investing in the branches and gaining bandwidth on the trunk efficiently.”

About PEACE Cable Project

PEACE Cable Project is a privately owned cable system of 12,000 km and provides open, flexible and carrier-neutral services for its customers.

The system design will adopt the latest 200G technology and WSS technology, which provides the capability to transmit over 16Tbit/s per fiber pair, servicing growing regional capacity needs.

This network will provide a cost-effective, diverse route for the escalating demand for capacity among Asia, Africa and Europe, and the topology will substantially reduce network latency by adopting shortest direct route connectivity and enhancing route diversity between them.

Photo- https://mma.prnewswire.com/media/775365/HENGTONG_peace_cable.jpg


CONTACT: Qian Cuihong, +86-13013795273