Libyan-owned telecoms operator Rwandatel will launch a platform for post-paid subscribers in April this year, according to allAfrica. CEO of the company, Patrick Kariningufu, told the paper that the post-paid package will target corporate customers in the business segment of the market. It is hoped that the launch will attract an increasing number of subscribers to help it compete with sole rival in the wireless market, MTN Rwanda. Rwandatel netted an impressive 120,000 subscribers within its first month of operations, but since January 2009 sales have slowed somewhat. The company introduced a ‘Choose Your Pair’ Valentine’s Day promotion which was expected to attract 150,000 subscribers, but it is believed that less than half of the target was met.
According to TeleGeography’s GlobalComms, Rwandatel is owned by Libyan government investment vehicle LAP Green Networks (80%) and the Social Security Fund of Rwanda (20%). It is estimated that about 85% of Rwandatel’s customers are in the capital Kigali, but the company plans to roll out services across the country in order to contribute towards achieving the government’s target of six million subscribers by 2012.