Rwandatel to Invest US$45 Million in Their Rollout Plan This Year

Mergers, Acquisitions and Financial Results

Rwandatel is attracting 40,000 subscribers weekly on its new 3G GSM system, making it the fastest growing telecommunication company in Rwandan history. And all this in spite of the fact that interconnectivity between Rwandatel and MTN Rwanda was poor and one could not make a call to an MTN subscriber. As of December 26, Rwandatel had 120,000 active subscribers.

It promises Rwandans that there will be a modern penetration that is very high which means not only targeting the urban areas but also the rural areas. The total investment made in the country has been around 72 million dollars. Which was split in different areas: between equipments, sites, towers, generators, agents and so on.

The company is currently making tests with Tanzania (Vodacom), Kenya (Safaricom), Burundi and Democratic Republic of Congo (Vodacom) with a view to creating roaming agreements with those countries.

The New Times Kigali