Burundi’s U-COM gets expansion loan

BURUNDI

|
Image: By Leo
Burundi’s U-COM gets expansion loan

U-COM Burundi has secured a USD25 million World Bank loan for network expansion.

UCOM, formerly Telecel-Burundi, operates with the brand name Leo. It is owned by Orascom Telecom of Egypt through its Telecel Globe holding company.

It will use the loan to expand its network coverage in the country, rolling out into rural and remote areas of Burundi where mobile phone service is not available.

U-Com Burundi manager Raymond Laforce said the financing would allow the company to embark on ambitious expansion plans.

Leo Burundi has about 60% of the Burundi market.



Share the News

Get Daily Newsletter

Search News

comments powered by Disqus

MORE BURUNDI NEWS

Yahsat, Tele10 in MoU on YahClick in Rwanda, Burundi, East DRC

UAE-based satellite operator Yahsat has signed a Memorandum of Understanding (MoU) with Tele10 Group, the regional broadcast and internet service provider, to discuss collaborations for improving internet connectivity in Rwanda, Burundi and East Democratic Republic of the Congo.  Read More

World Bank approves $100m Burundi hydropower grant

The World Bank’s Board of Executive Directors has approved a US$100 million grant to the Republic of Burundi to finance the Jiji and Mulembwe hydropower project. Read More

ITU, Nexpedience partner on broadband

ITU Secretary-General Dr Hamadoun Touré Nexpedience will provide 180 new base stations in six nations as part of a project to improve African broadband access. Read More

EACO meets on East African telecoms

The regulators of the EAC are meeting in Burundi for talks on developing telecoms and broadcasting in the region. Read More

EA seeks new industrial policy

East African industrialists are meeting in Bujumbura to formulate an action plan on regional industrial growth. Read More

LAP Green shows expansion plan

LAP Green Networks' footprint LAP Green Networks has indicated plans to expand its presence soon. Read More

PRESS OFFICES

Sage EnterpriseSAP AfricaTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4AfrikaNetworks UnlimitedArbor NetworksEricssonTigo Ghana

FEATURED STORY

Government should encourage youths in ICT earlyGovernment should encourage youths in ICT early

Youths should be given more encouragement to develop their ICT skills, an 11-year-old app developer told Kokumo Goodie.

IN DEPTH

IBM Opens First Cloud Data Centre in South AfricaIBM Opens First Cloud Data Centre in South Africa

IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.  

COMPANY NEWS

Tigo Business – Building trusted business partner relationships with clients

Tigo Business has increased and empowered its account management team to improve its overall customer service experience.