Togolese mobile network operator (MNO) Moov Togo has paid off the first instalment of its new 4G mobile operating licence, the cellco’s parent Maroc Telecom reports. The MNO, which was issued with rights to offer 4G mobile services in June this year by the Authority of Posts & Telecommunications Regulation (ART&P) as part of the ‘early renewal’ of its 2G and 3G licences, reportedly paid its first instalment of XOF15.6 billion (USD26.9 million) for 2G/3G/4G licences (due in three annual payments) that are valid until 31 December 2036.
Moov Togo, 95%-owned by Maroc Telecom, counted 3.288 million subscribers actively using its services at 30 September 2018, against 3.151 million three months earlier and 2.782 million in September 2017 – representing annual growth of 18.2%. It launched its LTE network in and around the capital Lome in July this year and signed up more than 2,000 4G users within its first week. It is now confident it can reach its target of 200,000 LTE subscribers by the end of 2018. Moov plans to invest ‘millions of dollars’ to modernise its national network and attract 4G subscribers, and aims to expand its coverage ‘shortly’. The network is open to the business and consumer market segments.