28 July 2005
DUBAI -- Investcom Holding, the telecommunications company, based in Beirut has announced that it has launched its Areeba Network in Sudan to become the second mobile phone operator in the country.
With this launch, Investcom now operates mobile networks in eight markets. Beginning in Khartoum, the Areeba mobile phone service will be rolled out in a step-by-step fashion across the country over the next three years as the first of several longer-term targets.
The total capacity of the GSM network is set to reach 750,000 people by the end of 2005, while this network will be augmented by the deployment of 3G services in the third quarter of 2005.
Azmi Mikati, chief executive of Investcom, said, "We are pleased to mark the launch of the Areeba network in Sudan, where we have worked hard to build a superior GSM network and soon one that also offers 3G services. We look to be a strong second operator and aim to steadily gain market share by offering the highest quality service and overall customer experience.''
Investcom Holding has a 55 per cent ownership stake in Bashair Telecommunications Company, which in October 2004 was awarded a 15-year license to build and operate a GSM mobile network in Sudan.
As of July 2005, Investcom provided services to over 3.1 million mobile subscribers. The company operates GSM networks mostly under the Areeba(tm) brand in Benin, Cyprus, Ghana, Guinea-Bissau, Liberia, Sudan, Syria and Yemen, with a combined population under licence of more than 110 million.
BY A STAFF REPORTER
© Khaleej Times 2005
