Skip to main content

AIRTEL CREATES STRONG COMPETITION FOR MTN IN RWANDA

MTN is set to encounter new competition in the Rwandan market after the launch of Indian cellphone operator Airtel there yesterday. Airtel plans to invest $100 million (about R771m) over the next three years in its new operation, and create direct and indirect employment in the country, it said in a statement.



It took 83 days to build the network from scratch, which is the fastest Greenfield launch in the history of sub-Saharan Africa. The Rwanda Utilities Regulatory Agency last year awarded the company the licence to operate 2G and 3G GSM cellphone services.



Airtel had 246 million customers by end of February and is present in 17 African countries. This includes MTN's biggest market in Nigeria, Democratic Republic of Congo, Madagascar and Uganda.



Airtel chief executive (International) Manoj Kohli and joint managing director Bharti said the launch would strengthen Airtel's position in east Africa.



MTN owns 55 percent of MTN Rwanda, which launched in 1998. It has 2.6 million subscribers, says MTN's website.

Curled from - IOL Business Report

Comments

Post a Comment

Popular posts from this blog

H&M Winter Lookbook

Sonbahar ve kış artık yavaş yavaş geliyor, yarın da İstanbul'da yağmur yağacakmış hatta. Bu sene bir ilke imza attım, ne yazdan ne önümüzdeki sonbahardan şikayet ettim, hatta daha önceden ilkbahar gelsin diye can attım. Bilmeyenler için ara mevsimleri hiç sevmem, özellikle de sonbahar ve yağmurdan nefret ederim. Her neyse yeni koleksiyonlar beni neşelendirmeye yetti :) Bu yazı tüm sonbahar sevmeyenler için gelsiiin :D Fall and winter are coming slowly, I heard that it will be rainy tomorrow in İstanbul. This year I made a difference and didn't complain about fall - for the ones who don't know I hate rain and fall from seasons. Maybe because of the new collections :) And I send this post to people who don't like fall all around the world :D       Neyse ki karaları bağlamıyoruz, yine rengarenk giyinmeye devam edebiliriz. Kıyafetlerin kesimleri hatları ortaya çıkarmayacak şekilde. Thank God, we can still wear our colourful clothes. But they are going to hide our lines/curv...
Post a Comment
Read more

VIOLENCE IN CROSS RIVER LEAVES 30 DEAD INCLUDING VILLAGE RULER AND 4 POLICEMEN

30 people were allegedly killed while four police officers and the village head of Ntan Obu Ukpe in Eniong in Odukpani local government area of Cross River State were beheaded in a communal clash between the Ntan Obu and the Ikpanya in Ibiono local government area of Akwa Ibom State on Tuesday. According to a local newspaper, about 2,000 indigenes of Ntan Obu were forced to take refuge in nearby communities of Odukpani council as many houses including churches were destroyed during the crisis. The Chairman of Odukpani Local council, Stephen Asuquo, while confirming the incident, told journalists that the people of Ntan Obu were attacked by the Ikpanaya neighbouring community of Akwa Ibom State, last week. "The remote cause, I can say, is the struggle by people from the Ikpanya for the land that belongs to the Ntan Obu.Ikpanya is in Ibiono council of Akwa Ibom State while Ntan Obu is in Odukpani council in Cross River State," he said. Source: newsnigeriana
Post a Comment
Read more

FILIPINO RAPES AND IMPREGNATES UNDER AGE GIRL IN LAGOS

Alex Fortaleza a lagos based company manager has landed himself in quite a mess, after he allegedly rapes and impregnates an under age Nigerian teen. Alex Fortaleza, a 47year old filipino was charged before a Family Court in Surulere, Lagos State Southwest Nigeria, for allegedly raping his 13-year old victim who happens to be the sister to his house cleaner. The girl's name withheld usually follows Alex's cleaner to his house where she was allegedly raped. The shocking story is that after the deed had been done, he pacified her by giving her dollars, which she accepted for her silence. But then the secret blew open when the girl became pregnant,and on-seeing the strange turn out of events the victims sister said she persistently had to quiz her sister to reveal who was responsible for the pregnancy, and after much pressure, she confessed that the Philipino was responsible. The victim's sister reported the matter to the police at Area 'B' Command, Apapa, Lagos. And...
Post a Comment
Read more