Africell secures Angolan telco licence
Africell Group, the US-owned mobile network operator with more than 12 million customers in four African countries, formally signed its agreement with the Angolan Ministry of Telecommunications, the Angolan Ministry of Finance, and INACOM (the Angolan telecoms regulator), for a licence to become the African nation’s fourth Global Telecommunications Operator.
The milestone paves the way for Africell to launch operations in Angola, a targeted top sub –Saharan country to investment in, by the end of 2021, expanding its existing network beyond Uganda, Sierra Leone, The Gambia and the Democratic Republic of Congo.
Africell will offer a range of affordable services to customers across the country, focusing on a high-quality, high-speed, data-centric mobile network and sophisticated smartphone handsets, all at affordable prices.
Ziad Dalloul, CEO and Chairman of Africell Group explained, “Angola is amongst the most attractive investment destinations in sub-Saharan Africa and an African leader, so we see this as the logical next step for Africell as we continue to grow our network and deepen our footprint across the continent.
“We are honoured that the government of Angola has put its faith in our business and everyone at Africell is committed to working with the Angolan government to transform the Angolan telecoms market through increased affordability and accessibility.
“A more competitive and transparent market will not only stimulate the telecoms sector as a result of greater innovation and efficiency, but it will also develop complementary sectors such as entertainment, financial services, other technology solutions – improving services, increasing access and creating jobs and opportunities for the Angolan people.”