Government approves Angola Telecom’s business plan, including USD300m injection

15 Nov 2012

Angolan Minister of Telecommunications and Information Technologies, Jose Carvalho da Rocha, has announced that the government has given its approval to Angola Telecom’s new business plan which includes an injection of approximately USD300 million in investment, while restructuring measures at the telco are ready to be submitted for consideration by employees. Radio Nacional de Angola reports that the minister expressed hope that staff disputes can be solved via the latest restructuring plans, and noted that in the last twelve months Angola Telecom made three wage increases.

Angola, Angola Telecom (AT)