TEAMsĨ5 per cent of the cable is owned by TEAMs (Kenya) Ltd and the rest by Etisalaat of the United Arab Emirates (UAE). Other investors in the system include Bharti Airtel Limited of India, British Telecommunications, Etisalat of the United Arab Emirates, France Telecom, Mauritius Telecom, Saudi Telecom Company, Comores Telecom, Sudan Telecom Company, Tanzania Telecommunications Company, Telecom Malagasy, Zambia Telecommunications Company, Zanzibar Telecom. WIOCC consortium members include: Botswana Telecommunications Corporation, Dalkom Somalia, Djibouti Telecom, Gilat Satcom Nigeria Ltd., the Government of Seychelles, the Lesotho Telecommunications Authority, ONATEL Burundi, Telkom Kenya Ltd., Telecommunicacões de Mocambique (TDM), U-COM Burundi, Uganda Telecom Ltd., Zantel Tanzania and most recently, TelOne Zimbabwe and Libyan Post, Telecom and Information Technology Company (LPTIC) WIOCC, an SPV created to facilitate open access is the largest shareholder, with 29%. South African investors in EASSY include Telkom/Vodacom ($18.9 million), MTN ($40.3 million), and Neotel (~$11 million). This is a smaller amount than the originally advertised $120 million investment from DFIs. Total DFI investment is apparently $70.7 million, with $18.2 million coming from IFC, 14.5 million from AfDB. Shanduka Group (12.5%) – USD 37.5 millionĮASSy is 90% African-owned although that ownership is underwritten by a substantial investment by Development Financial Institutions (DFIs) including World Bank/IFC, EIB, AfDB, AFD, and KfW.Convergence Partners (12,5%) – USD 37.5 million.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |