Portugal’s Oni Communications to create two companies in Angola

3 February 2010

Lisbon, Portugal, 3 Feb – Portugal’s Oni Communications will create two companies in Angola in the first half of this year, one a branch of the operator and another with local partners, the company’s executive director, Xavier Rodriguez-Martin, said in Lisbon.

On the sidelines of a Tuesday press conference on the telecommunications operator’s strategy for the next three years, Rodriguez-Martin told Portuguese news agency Lusa that the operation in Angola, where it has about 100 Portuguese clients, “will take place in the first half of the year.”

“It’s an interesting market – there’s space for specialization in the business market,” he said, adding that after a first wave of investment by mobile operators, there is now a market for a “second wave of investment centred on services.”

Oni Communications is also seeking “opportunities” in Brazil, where it should mainly go ahead with acquisitions, Rodriguez-Martin said.

Internationalization is “a solid bet” for the company, which also aims by the end of 2012 to generate a third of its revenue in international markets, an amount which should be between US$70 and 80 million.

Oni Communications centres its activities in the business, public sector and operator markets and has positioned itself as an integrating operator with a model based on the convergence of telecommunications and information technologies. (macauhub)