India’s Bharti Airtel has bought the mobile masts of Rwandan carrier Rwandatel for $15.5m, after the African firm went into liquidation in 2011.
Bharti Airtel has launched its operation in Rwanda, expanding its reach in Africa to 17 markets. The operator said that it took just 83 days to build the network from scratch, claiming the network represents the fastest Greenfield launch in history of Sub-Saharan Africa. The Indian operator has also pledged to invest $100m over the next three years.
Rwanda now has its third mobile operator after Bharti Airtel was awarded a licence to operate 2G and 3G services in the country. The company has pledged to invest a total of over $100 million in Rwanda over the next three years.
Luxembourg-based carrier Millicom International Cellular (MIC) said Monday it has been awarded the third national mobile licence for Rwanda. Millicom, which operates in a variety of emerging markets including neighbouring African countries Tanzania and the Democratic Republic of Congo, said it will own 87.5 per cent of a newly created joint venture firm in partnership [...]
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