Telecel Centrafrique to invest $15m in infrastructure

Telecel Centrafrique to invest $15m in infrastructure

The leading telecoms operator in the Central African Republic and subsidiary of Telecel Global is looking to expand its network into white spots and in the main cities, including Bangui. Work is due to start in the first quarter of 2020. Jeune Afrique Business+ takes a closer look.

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            ▪ Telecel Centrafrique to invest $15m in infrastructure

▪ The leading telecoms operator in the Central African Republic and subsidiary of Telecel Global is looking to expand its network into white spots and in the main cities, including Bangui. Work is due to start in the first quarter of 2020. Jeune Afrique Business+ takes a closer look.

https://www.africabusinessplus.com/en/800872/telecel-centrafrique-va-investir-15-millions-de-dollars-dans-ses-infrastructures/

Telecel Group, the Mauritius-based holding (revenue of $50m in 2018), plans to widen the network of its subsidiary Telecel Centrafrique, the leading operator in the sector ahead of the local arm of France’s Orange. Headed by Malek Atrissi, the company has gained around 100,000 new subscribers over the past twelve months and now provides services to 700,000 customers. In 2018 it recorded revenue of $28m with a positive EBITDA.

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