Bloomberg News

Burundi Phone Companies to Build Fiber-Optic Network, Paper Says

March 13, 2012

Five mobile-phone companies in Burundi agreed to build a fiber-optic network in the East African nation, Renouveau reported, citing Telecommunications Minister Concilie Nibigira.

The companies include Leo Burundi, a unit of Orascom Telecom Holding SAE (ORTE), state-owned Onatel, Econet Wireless Holdings’ Burundian unit, along with Centre Burundais de l’Internet and Africell, the Bujumbura-based newspaper said.

The World Bank will provide a $10.5 million grant to help fund the project, while the phone companies will provide the remaining $7.5 million needed to complete it, the newspaper said.

To contact the reporter on this story: Desire Nimubona in Bujumbura via Nairobi at pmrichardson@bloomberg.net.

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net.


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