CEC Liquid Telecoms to invest over $15m for infrastructure upgrade
Broadband wholesaler CEC Liquid Telecoms says it will invest more than US $15million this year to improve and expand its infrastructure, managing director Dr Chabuka Kawesha said yesterday.
He said the bulk of the investment would be spent on massive laying-out of fibre network across the line of rail.
"...last year we did layout in North Western Province, this year we are touching all provincial centres of Zambia," he told journalists after the company donated two refrigerators to Chikumbuso Orphanage in Lusaka.
He hoped the expansion of the optical fibre would help boost internet penetration and accessibility in the country.
"Optical fibre is the next way ICTs Information Communications Technologies will be delivered in Zambia, so we are focusing on that this year," he added. "We are going to invest more than US $15 million this year in the market. A lot of initiative and projects will take place within our planned investment."
CEC Liquid Telecoms, a joint venture between Copperbelt Energy Corporation Plc (CEC), a Zambian power company, and Liquid Telecom, is a major player in Zambia's optic fibre deployment for wholesale internet.
It has built and operates a fast growing countrywide fibre network over which it will provide wholesale capacity and terrestrial internet bandwidth to public and private institutions.
CEC Liquid Telecom also provides access to alternative international terrestrial telecommunication gateways.