Angolan company Unitel is the second fixed-line and mobile telephone operator in Sao Tome and Principe as it was the only company to meet the technical and financial requirements set out in the public tender launched by the archipelago’s government, the local press reported.
“It is a technically competent proposal, and we are now awaiting conclusion of formalities, namely for Unitel to provide a bank guarantee,” said Isabel Neto, of the World Bank, which advised the Sao Tome government on this tender and analysing the proposals put forward.
The Sao Tome government, via the General Regulation Agency (Ager) and Unitel are now discussing complementary investments, which include the whole population having access to telecommunications, particularly linking up Principe Island and rural areas.
Unitel was the only one of seven companies competing in the tender to meet the technical and financial requirements to be awarded the second license for a telecommunications carrier in Sao Tome and Principe, and will compete with Companhia Santomense de Telecomunicações, which is part-owned by the Portugal Telecom group.
In Angola Unitel is the telecommunications market leader with 10 million customers and in 2012 it posted turnover of over US$945 million. (macauhub)