NAMIBIA GRANTS SECOND MOBILE LICENCE TO POWERCOM JV WITH TELENOR

Telecoms

The government has awarded a second cellular licence to Powercom (Pty), a joint venture between power utility NamPower and Telenor, a Norwegian communications, IT and media company.

"Cabinet as has approved the awarding of the second cellular mobile Telecommunications Licence in to Powercom (Pty) Ltd as per the recommendation of the Namibian Communications Commission," the Ministry of Information and Broadcasting said this week. Old Mutual Namibia and the Mineworkers Union of Namibia also have shares in Powercom.

David Imbili, the chairman of the communications commission said in an interview that full details on the awarding of the licence would be provided next week. Portugal Telecom recently acquired a 34% stake in the current sole operator MTC for over N$1 billion.

Namibia Economist