Liquid Telecom to invest USD34m in Rwanda

26 Sep 2014

Internet service provider (ISP) Liquid Telecom Rwanda is planning to invest RWF24 billion (USD34 million) in the country, as part of its USD200 million African expansion plans, AllAfrica reports. Liquid Telecom Rwanda’s CEO Sam Nkusi disclosed that the money will be used to build network infrastructure, adding: ‘So far, we have already laid 46km of underground fibre-optic cable in Kigali… Where we haven’t reached, we lease from the government some of the ducts on a long-term basis.’ The executive also said that the investment would greatly increase internet penetration levels in the region; the operator is looking to connect 3,500 homes and commercial buildings by the end of 2014.

According to TeleGeography’s CommsUpdate, on 1 June 2013 Mauritius-based Liquid Telecom agreed a deal to acquire insolvent former incumbent Rwandatel’s fixed assets for USD4 million, although the company opted not to buy most of the land that was also put up for sale. The operator offers fixed telephony, including voice and data transmission, ADSL, fibre and wireless internet access. DSL services are available in the cities of Kigali, Kyovu, Gitarama and Butare, while fibre-optic access, offering maximum download speeds of up to 10Mbps, and WiMAX services are provided in the capital Kigali.