Four final bidders for third wireless concession

2 Oct 2008

Four companies have emerged as the leading contenders for Rwanda’s third mobile licence, reports local newspaper The New Times. As many as 17 firms bought bidding documents, but only Larrycom for Investment, Millicom, Zain and Telecel Globe (part of Orascom Telecom) have presented bids to the Rwanda Utilities Regulatory Agency (RURA). Diogne Mudenge, the Director General of RURA, said that technical and financial evaluations will be completed by the end of October, with the licensing of the preferred bidder in December 2008 after approval by parliament.