Mobiserve Looking to Expand East African Operations

Mergers, Acquisitions and Financial Results

Egypt's Mobiserve Holding, a provider of turnkey telecommunication infrastructure solutions and engineering services says that it has stepped up its expansion plans in Africa following the success of its Kenyan subsidiary.

The subsidiary works with Safaricom, Orange, and Leo Burundi as well as leading vendors Alcatel Lucent, Huawei, and Nokia Siemens Networks. Mobiserve Kenya is now actively participating in several tenders with Safaricom and Orange in the East Africa region. Mobiserve Kenya has also begun to achieve several customer wins in neighboring countries, having recently been awarded new telecom infrastructure sites, switch building, as well as telecom installation projects by LEO Burundi. This is in addition to prior project awards supplying Mobifactory manufactured towers to LEO Burundi and Telecel Zimbabwe. It has since established branch offices in Uganda and Burundi, to provide responsive on the ground support for customers and is now set to begin its first project in Uganda this month.

Commenting on the announcement, Sameh Atalla, Mobiserve CEO said, "Mobiserve Holding is committed to Africa's great potential. The telecom sector is the fastest growing sector on the continent and country markets are becoming increasingly dynamic with new entrants, services, and the upgrading of current network infrastructure. We are seeing an increased focus on data centric services in Kenya for example and the related investment in network infrastructure to enhance mobile data transmission."

"Going forward, we intend to continue to build on the success Mobiserve Kenya has achieved to date as well as expand service coverage to operators in Tanzania, Rwanda, and Zimbabwe with the goal of becoming the foremost telecom services provider throughout Africa," concluded Attalla.