Econet is finally Authorised to Launch Third Mobile Network in Kenya
The Kenyan government has announced that South Africa-based Econet Wireless has been cleared to proceed with the construction of the country's third mobile network.
Speaking on Kenyan television, the Kenyan Minister of Communications, Mutai Kagwe, said the licence which had been cancelled by his predecessor had been re-instated by the government, and Econet could now proceed with the construction of the network.
Econet Wireless executive director, Zachary Wazara confirmed that the licence has been fully re-instated and commended the Kenyan government for the manner in which the dispute had been resolved.
"We are very pleased with the professional and constructive manner in which this dispute has been resolved, and it gives us and anyone else who wished to invest in Kenya tremendous confidence. All we want to do now is to get down to the task of building the network, so that we can be in a position to offer the people of Kenya, the service for which they have waited patiently for," said Wazara.
He said Econet has already begun to mobilise its personnel as well as suppliers to resume work on the network which the company hopes will be able to offer service before the first quarter of 2008.
The dispute between the company and the Kenyan government began in 2003, when the then Kenyan Minister of Information and Communication Raphael Tuju, announced that the government had cancelled the licence because Econet had failed to accommodate a local group, the Kenyan National Federation of Co-operatives (KNFC) in its shareholding.
(Source: Zimbabwe Independent)