Celtel International has relaunched Madagascan cellco Madacom in its own image and revealed bold plans for the expansion of the operator. Celtel Madagascar wants to boost subscriber numbers to two million by the end of 2007, from 250,000 at the start of this year. It plans to invest around USD36 million to expand Madacom’s network to rural areas and 80% of the population by the end of 2008 and will introduce more advanced multimedia services including GPRS and MMS. Celtel International, a subsidiary of MTC of Kuwait, paid USD97 million for its 66% stake in the company in December 2005.
Have feedback, corrections, or story ideas? Send them to firstname.lastname@example.org.
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