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Malawi Operator Fined for Missing Rollout Deadline
Malawi's Communication Regulatory Authority (MACRA) has fined the country's third mobile network, G Mobile for failing to deploy its network as per its license conditions. The fine of US$6.9 million was imposed last month.
The regulator had given the company until April to deploy its network following repeated delays and had threatened to revoke its license. G-Mobile conceded that the new deadline is very tight, raising fears that the company could dissolve even before rolling out its services.
Beryl Capital and Telecoms was contracted last year to manage the roll out of its network, which was due to have been completed at the end of last year. When G-Mobile was awarded its license last April, it said that it was expected to invest US$40 million in the venture within the first five years of operations.
According to statistics from the Mobile World analysts, the country ended last year with just under 2.6 million customers, which represents a population penetration level of around 18%. The country has two active mobile networks, Zain and Telecom Networks Malawi.
On the web: Africa News - Mobile World
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