(Capacity Media) Africa’s Liquid Telecom has signed an agreement with Sudatel to build new fibre networks across Sudan.
The CEOs of both companies announced the agreement this morning to set up a partnership to build fibre-to-the-home (FTTH) networks across the country.
It will mean "a meaningful investment by the two companies," said Nic Rudnick, CEO of Liquid Telecom, speaking at Mobile World Congress in Barcelona.
He did not tell Capacity the ownership details of the new venture: "We are still working on the partnership," he said. It is "a very natural partnership" he added.
Sudatel’s CEO, Tarig Hamza Zain Alabdeen, indicated that the FTTH network would be an open-access network available to different service providers, though he refused to go into detail, quoting the "show me the money" saying. "Whoever will show me the money will get access," he told Capacity.
He said the project will be financed by "the two companies and some regional banks", but did not name them.
Rudnick said the project followed other FTTH networks that Liquid Telecom has built "in all countries where we have operations". He added: "That’s why the partnership makes a certain amount of sense." He did not answer a question on whether Liquid Telecom is negotiating similar deals in other countries in the region. "This is the one we’re focused on," he said.
Alabdeen commented: "Sudatel has the infrastructure and Liquid Telecom has the expertise." Sudatel will now be working on the type of services that it will offer over the network, he added.
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