Chinese Invest Big Into IT and TV in Rwanda

Mergers, Acquisitions and Financial Results

A Chinese based company has officially launched a subsidiary in Rwanda to provide digital Pay-TV and broadband Internet services. The locally registered Star Africa Media Co. Ltd is a subsidiary of the Star Communication Network Technology Co. Ltd based in the capital Beijing.

During the launching ceremony at the Kigali Serena Hotel recently, the CEO and chairman of the company Xinxing Pang said the company wanted to construct a wireless digital Pay-TV station based on Digital Video Broadcasting Terrestrial (DVB-T) and a laid down broadband cable in Kigali.

"Construction work of a Pay -TV station will be completed at the end of this year. This is the first phase of the project," Pang said, adding that the second phase that will see the broadband system in place will commence in the first quarter of 2008. "We are going to provide internet to the people in Kigali first and they shall be accessing it using their mobile phones," Pang revealed.

If the Rwanda model project succeeds, Pang said the next move would be to move into the neighbouring countries. It is not clear how the new company will compete with existing satellite Pay-TV offers.

(Source: East African Business Week)