Angola Cables gets USD260m bank guarantee for cables; Movicel expands 4G

21 Oct 2014

Angolan banks have approved a USD260 million bank guarantee for the Angola Cables consortium, earmarked for building the South Atlantic Cable System (SACS) undersea fibre-optic cable connecting the African country to Brazil, plus involvement in a joint project to roll out onward connectivity between Brazil and the US (the ‘Americas Cable’ in partnership with Google and others). IT Web Africa reported the news, which came via an Angolan presidential order issued to local press.

Also in Angolan news, reported that Angola’s second largest cellco Movicel has expanded its 4G LTE network coverage to Cacuaco in Luanda province, having deployed five new LTE base stations and opened a retail outlet in the suburb. The network was launched in the capital Luanda and Cabinda in April 2012 before being expanded to other selected areas.

Angola, Angola Cables, Angola Telecom (AT), Movicel (Angola)