Orange Guinea has announced plans to invest EUR120 million (USD156 million) on the upgrade of network infrastructure and the extension of services to all of the country’s regions. In a press statement CEO Alassane Diene said that the company had invested EUR60 million between 2010 and 2012, and that the planned expenditure for the next three years would ‘develop the network in all regions of Guinea and offer customers the most advanced technologies’. According to TeleGeography’s GlobalComms Database, Orange is the second largest cellco in Guinea, claiming a 27% share of the country’s seven million subscribers at the end of 2012. In April 2007 Sonatel, the Senegalese subsidiary of France Telecom-Orange, acquired the licence formerly owned by Guinean wireless operator Spacetel, for a renewable 15-year term, and the original operator relaunched under the Orange Guinea banner in November 2007.
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