Angolan broadband access provider Net One – part of the MSTelcom group owned by national oil firm Sonangol – announced at an event in Luanda that it will launch a new 4G wireless broadband service based on LTE technology in early 2015, reports local technology website MenosFios.com. The new LTE-based service will at-least double Net One’s internet access speeds – currently promising up to 15Mbps via WiMAX/satellite – the company announced, noting that its target client base includes entrepreneurs, professionals, students and other individual users. The implementation of the LTE network is being carried out in partnership with China’s Huawei, with tests starting in November 2014 in the Talatona and Nova Vida regions. Net One disclosed that it has already invested USD2 million in LTE technology, and will invest a further USD6 million in rolling out LTE in Luanda, while by the end of 2015 the expanded LTE network will have cost USD22 million, of the company’s total investment budget of USD30 million.
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