Broadmax set to enter wireless broadband market in Malawi
A new telecommunications company, Broadmax Holdings, a joint venture between Angel Wireless from Lebanon and Blantyre International Telecommunication Investments Limited, has entered the local market with an investment of about $25 million (approximately K3.5 billion).
Broadmax Holdings, which registered with the Malawi Communications Regulatory Authority (Macra) last year, is set to employ more than 200 people, according to its chief executive officer and vice-president Chris Kanyuka.
“The company is set to bring in wireless broadband internet last mile services and WiMax technology, the first in Malawi,” he said on Tuesday. Kanyuka said WiMax, the acronym for worldwide interoperability for microwave access, has the potential to replace a number of existing telecommunication infrastructures with a radius of six miles from the base station.
Detailing the company’s roll-out plan, Kanyuka said they will first start with Blantyre and surrounding areas in mid October before moving to the Central Region in November and the Northern Region in January 2010. The company is expected to roll-out to the rest of the country in June 2010.