Q FM Africa's Modern Radio
Ngabo Nankonde – Picture by Albert Mpezeni
The Zambia Information and Communications Technology Authority (ZICTA) has issued UZI Zambia Limited with a notification of award of licenses to provide similar services to what the three existing mobile network operators are currently offering.
ZICTA Manager Corporate Communications Ngabo Nankonde says the authority received two investment proposals at the time of closing for receipt of investment proposals on December 18,2017 at 10:00 hours local time.
She says UZI Zambia Limited has pledged to invest over US$350 million and will create over 450 direct employment opportunities to support their operations in Zambia.
Ms Nankonde says the company intends to deploy LTE technology countrywide for their network which would fully support 4G and 5G technologies.
She says the investment has also earmarked presence in unserved and underserved areas of the country and will deploy 100 universal access sites in these areas.
Ms Nankonde says the major shareholder for UZI Zambia Limited is Unitel International Holding B.V which is duly registered in the Netherlands.
She adds that the company has a good track record spanning a period of over ten years with presence in Angola,Sao Tome and Principe,Cape Verde and Portugal .