Sudan’s Sudatel Telecom Group has obtained a 4G licence for its Senegalese subsidiary Expresso.
The licence follows a meeting between a delegation headed by Sudatel Group president and chief executive officer Magdi Taha with Senegalese President Macky Sall.
In a statement to the Abu Dhabi Securities Exchange (ADX), the Sudanese firm said the new licence will allow the group to improve current services, which it said will contribute positively to the development, economy and the telecoms market of Senegal.
The firm described the release of the licence as a “major breakthrough in Sudanese relations and investments abroad”.
Sudatel posted profits of $15.4 million in 2020, up from $7.97 million in 2019.
(Writing by Imogen Lillywhite; editing by Cleofe Maceda)
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© ZAWYA 2021