Canar acquires 2.3GHz licence for TD-LTE network rollout

4 Apr 2017

Sudan’s National Telecommunication Corporation (NTC) has awarded Canar Telecommunication Company (Canar) a 2.3GHz spectrum licence to enable the fixed line operator to roll out a time division duplex LTE (TD-LTE) network. In an announcement on its website, Canar said it would launch 4G data services for residential and SME customers using the new frequencies in the near future.

In August 2016 Emirates Telecommunications Corporation (Etisalat) completed the sale of its 92.3% stake in Canar to the Bank of Khartoum for AED349.6 million (USD95.2 million). Earlier that year, the UAE telecoms firm had signed a share purchase agreement with Kuwait-based Zain Group for its Canar stake, but one month later Etisalat revealed that the Bank of Khartoum, which already held a 3.7% stake in the Sudanese telco, had exercised its right of first refusal regarding the sale to Zain Group.

Subscribe



Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share