[east african business week] Rwandatel is at risk of losing its telecom license for failure to fulfill its license obligations, Rwanda telecom regulator has warned.
Rwanda Utilities Regulatory Agency (RURA) said the internet service provider and mobile services operator failed to meet its licence obligations. RURA said that Rwandatel failed to implement its investment plan, coverage, rollout plan and quality of services.
Rwandatel is a subsidiary of Green Network, which is part of Libya Africa Investment Portfolio (LAP), a US$5 billion Libyan foreign investment. LAP Green owns 80% of stake in Rwandatel while Rwanda Social Security Fund (RSSF) controls the rest.
Rwandatel was initially a public telephony firm and it was sold to LAP Green on November 18, 2008.In an enforcement notice issued on February 4, RURA gave Rwandatel only 30 days from the date of publication of the notice to meet its license obligations or lose its license.Before issuing the notice, RURA had been trying to persuade Rwandatel to implement its license obligations but in vain, the notice said.
RURA requested Rwandatel to meet its license obligations and submit an implementation report to the regulatory board at the end of the one-month notice.
Rwandatel was given seven days to appeal against the decision taken by the Regulatory board.
Attempts to seek comment from Rwandatel were futile its former Chief Commercial Officer (CCO) Mr. Francis Egbuson declined to comment.
Rwandatel at risk of losing telecom license
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment