Showing posts with label Sahelcom. Show all posts
Showing posts with label Sahelcom. Show all posts

Monday, July 5, 2010

Bharti To Invest USD 100 Million In Niger

Indian telecoms operator Bharti Airtel plans to invest around USD100 million in Niger to improve the reach and quality of its network in the West African nation by the end of 2012, Reuters reports.

Last month Bharti finalised the acquisition of the African assets of Kuwait-based Zain Group, in a deal valued at USD10.7 billion. The company has taken over Zain’s operations in 15 countries, including Malawi, Burkina Faso, Ghana, Kenya, Nigeria, Sierra Leone and Uganda.

The Indian company expects to introduce the Airtel brand across its new units by October 2010. ‘We are going to start our activities in Niger in October and, by 2012, we will invest USD100 million in expanding the network, improving quality and the coverage in the rural areas,’ commented Manoj Kohli, chief executive of the group's international business, adding: ‘We will ensure that telecoms becomes more accessible in terms of price and the quality of the service improves.’

Zain Niger is the country’s largest cellco by subscribers, with 1.58 million users at the end of March 2010 (a market share of 61%), followed by Orange Niger with 563,000 users, Moov Niger (341,000) and SahelCom (105,000).

Thursday, February 11, 2010

LAP Aquires 80% Stake in Sudan's Gemtel

Libyan government investment vehicle Libyan African Investments Portfolio (LAP) has acquired an 80% stake in Southern Sudanese telecoms operator Gemtel via its telecoms arm, LAP Green Networks, Ugandan news source The New Vision reports.

Gemtel was licensed by the Government of Southern Sudan (GoSS) in 1996 and launched commercial GSM services shortly after in the cities of Juba and Yei. By mid-2009 the company had expanded its footprint to cover Waw, Torit, Bor and Rumbek.

Gemtel uses the dialling code of Uganda (+256), thanks to an interconnection agreement with Uganda Telecom (UTL) signed in September 2006, which allows the cellco to use the gateway for USD50,000 in interconnection fees per month.

LAP Green already operates in East Africa through its 80% shareholding in Rwandan fixed line and mobile telephony operator Rwandatel and 69% stake in UTL. The company also holds an interest in Sahelcom and Sonitel of Niger, and controls Oricel Green, a mobile operator in Cote d’Ivoire.

According to a statement from LAP Green, the firm has been shortlisted to buy a 75% stake in Zambia’s sole fixed line operator, Zambia Telecommunications Company (Zamtel).