Telecommunications provider Liquid Telecom has acquired Rwanda’s fixed-line network operator Rwandatel
The deal includes Rwandatel’s copper and fibre network and its client base, but does not include the majority of its land.
Liquid Telecom has built Africa’s largest fibre network, which covers an area stretching from the north of Uganda and extends as far south as Cape Town in South Africa.
Its pan-African fibre network covers more than 13,000km across Kenya, Uganda, Rwanda, Zambia, Zimbabwe, Botswana, DRC, Lesotho and South Africa.
“Liquid Telecom is expanding rapidly and this is an important and strategic investment. Rwanda is an outstanding FDI destination and we are very confident in the country's economic future and growth prospects,” said Nic Rudnick, CEO of the Liquid Telecom Group.
Liquid’s fibre network is expected to extend over country borders and cover an area where no fixed network has existed before, the company said.
“Our priority is to quickly rehabilitate Rwandatel’s core network and to build out the access network in order to serve Rwanda’s enterprises and residences with the most reliable, high speed, and affordable telecommunications."