Business

Korean Firm To Set Up 4G Network In Rwanda

what is ed http://charlesdunn.com/wp-admin/includes/class-wp-posts-list-table.php geneva; font-size: small;”>The agreement was signed by of Rwanda Development Board Chief Executive Officer (CEO), abortion Ms Clare Akamanzi, cialis 40mg on behalf of the Rwandan government and Mr. Yung Kim, the president and group chief strategy officer of KT Corporation.


In his speech, Mr. Yung Kim noted that the wholesale network service for mobile broadband would help to promote healthy competition for advanced retail services and solutions, and would therefore benefit consumers, enterprises and the nation.


“We believe a nationwide broadband based on 4G LTE technology is the key foundation for Rwanda’s ICT development. Public-Private-Partnership with the Government of Rwanda to build the 4G LTE network for wholesale is a unique and innovative way to achieve an accelerated nationwide broadband coverage,’’ stressed Yung.


On his side, Youth and ICT Minister, Hon. Jean Philbert Nsengimana, who ratified the agreement, noted that Rwanda’s citizens and businesses must have access to the tools that will enable them to seize the opportunities of the digital age.


“This agreement with KT marks a major milestone in Rwanda’s drive to become a modern, knowledge-based economy and by expanding our information infrastructure, we will create jobs, support social progress and propel economic growth,’’ stressed Nsengimana.


As principal stake holders, KT Corporation will bring expertise and inject $140 million while the Rwandan government’s duty involves assignment of 3000km national fibre optic network assets, spectrum and a wholesale-only operator license.


The rapid deployment of this 25 year initial term project that will accelerate development of the country’s ICT sector, create jobs and also facilitate social and economic progress in Rwanda will cover 95% of the population in 3 years.

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