The minister of Posts, Information Technologies, Communication and Media, Nestor Bankumukunzi, visited the National Office of Telecommunications (ONATEL) of Burundi on 15th September 2015.
At the end of this visit, the minister lamented the dilapidated aspect of the equipment of the national telecoms operator, recognising that this situation ensues from the absence of investment for some years now. A lack of investment which comes from the financial weakness of the company, not able to generate enough revenues.
As Nestor Bankumukunzi explained, everything is linked to the difficult situation that the national operator is currently experiencing. The lack of investment in Onatel is caused by its financial weakness which comes from the obsolescence of the equipment. A dilapidation which in turn is at the root of the bad quality of a service which consumers have been staying away from to the benefit of services from mobile operators.
A recapitalisation of the company would be needed to revive the whole operation. Hence the privatisation started in 2009, but which has not progressed much.
Once this recapitalisation is done, there would be the need for a new management, a new trade and marketing policy, new services and a network quality up to par with international standards to enable the company to again be attractive to Burundians and remain present in the long term in a telecom market which has become very competitive.
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Deal reflects growing security cooperation amid Sahel terrorism threats Ghana plays key role in Accra Initiative regional security efforts The...
State company DRC Gold Trading aims to collect 15 tonnes of artisanal gold in 2026, far above volumes declared in recent years. The company plans to...
Egypt offers oil storage facilities on the Red Sea to international companies as disruptions halt traffic through the Strait of Hormuz. The SUMED...
( AFRICA FASHION UP) - Africa Fashion Up, the must-attend event for contemporary African fashion in Paris, announces the launch of its call for...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...