Newly established state-owned infrastructure company Botswana Fibre Networks (BoFINET) has signed wholesale agreements with local mobile operator Mascom Wireless and value added network (VAN) provider 4site Holdings. The Sunday Standard reports that Mascom Wireless has agreed a five-year international bandwidth contract worth BWP34 million (USD3.9 million), while 4site has signed a two-year deal worth BWP400,000. BoFINET, which was officially launched earlier this month as a provider of wholesale telecoms services, was established last year following the separation of fixed line incumbent Botswana Telecommunications Corporation (BTC), notes TeleGeography’s GlobalComms Database. The newly created state-owned company is responsible for operating the country’s nationwide backbone infrastructure, as well as managing the government’s participation in the Eastern Africa Submarine System (EASSy) and the West Africa Cable System (WACS). The separation of BTC into a retail service provider (BTC Limited) and an infrastructure company (BoFINET) is an initial step towards the planned privatisation of BTC Limited, which will see up to 49% of the company’s shares sold via an initial public offering (IPO).
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Have feedback, corrections, or story ideas? Send them to email@example.com.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors