Angolan corporate data services provider Multitel has expanded fixed-wireless LTE broadband network coverage to five Angolan provinces – Luanda, Benguela, Cabinda, Huambo and Huila – and upgraded access speeds tenfold to 100Mbps/50Mbps (downlink/uplink), the company’s CEO Antonio Geirinhas told Mercado in an interview. The new LTE service was launched on 1 September 2019 following a USD10 million rollout in partnership with Nokia, under a plan hatched in 2017. Geirinhas added that the service will enable Multitel to raise its profile in the SME segment.
TeleGeography’s GlobalComms Database notes that Multitel previously invested around USD20 million in improving its broadband services in 2008-2015 including a first-phase TD-LTE rollout with Israeli equipment provider Telrad in the capital city Luanda in 2015 using existing WiMAX infrastructure and a software-only upgrade. National corporate internet service coverage is provided via VSAT.
Elsewhere, under the Angolan government’s privatisation drive, 50% of Multitel’s shares – 30% held by Angola Telecom and 20% by Banco Comercio e Industria (BCI) – will be privatised ‘in one block’ in 2020, Geirinhas confirmed to Mercado. Adding that the state share sale would be carried out via auction, the CEO also noted that Multitel’s largest shareholder, Brazilian telco Oi (40%), was expected to exit the company in due course, in line with its strategy to relinquish its stake in Angolan mobile operator Unitel, although to date Oi has not confirmed its plans.