NIGER-SONITEL TO INVEST US$47.2 MILLION IN NETWORK DEVELOPMENT
Niger-Sonitel announced last week that it will be investing US$42.7 million in its network, according to its Director-General, Sadou Moussa. The investment programme will be carried out in two phases. The first phase will be 12 billion CFAs in new transmission equipment and exchanges by next July. The capital Niamey will get 45,000 additional lines (to add to 20,000 existing lines) and Zinder, Niger’s second city will get an additional 10,000 lines (to add to 800 existing lines).
According to Sadou Moussa, the second phase will cost 15.7 billion CFAs and will allow the company to offer coverage across the country with new equipment, particularly in rural areas. The new investment funds will be made available by Datacom who have taken over the company and BOAD. Datacom is made up of a Chinese group ZTE and the Libyan LAICO who between them have bought 51% of the company.
Reuters via Liquid Africa