Free had participated in the public tender launched on May 31 by ARTP for the award of 5G licenses. The company's bid of CFA3 billion was rejected for non-compliance. The reserve price was set at CFA19.5 billion.
Senegalese telecom company Saga Africa Holdings Limited (Free) has expanded its operating license to include fifth-generation (5G) mobile technology. The operator acquired 90 MHz of frequencies in the 3,500 MHz band for CFA13.5 billion ($22.4 million), according to a regulator statement released on Monday, December 18.
Free becomes the second Senegalese telecom operator to acquire the 5G license. Its rival, Sonatel, acquired this technology in July for $34.5 million following a process initiated in May by the ARTP. As a reminder, Free participated in the public call for tenders, but its offer of CFA3 billion was rejected for non-compliance, as was the CFA2 billion offer submitted by Expresso Senegal. The reserve price was set at CFA19.5 billion.
"However, given the importance of this technology for operators, Saga Africa Holdings Limited subsequently expressed its desire to adopt 5G. Thus, the operator concluded with the State of Senegal an amendment to the concession agreement," explained the regulator.
With its 5G license, Free can now deploy commercial 5G services in Senegal. The mobile operator had already initiated an ultra-high-speed experimental phase in June 2022 with the technical support of the Swedish company Ericsson.
The commercial launch of 5G is expected to help Free meet the growing demand for high-speed connectivity in the country, attract new subscribers, and enhance its competitiveness in a market dominated by Sonatel.
According to the latest ARTP data, Free had 5.36 million mobile phone subscribers, holding a market share of 24.47% in Q2 2023. Its main competitors, Orange (Sonatel) and Expresso control 56.23% and 17.02% of the national mobile phone subscriber base, respectively. On the internet segment, the company had a market share of 24.05%.
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...
NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance...
Burkina Faso adopts 2026 budget projecting 3,431.5 billion CFA francs revenue Spending prioritises security, education, health and rural...
Just how far will the gold and silver rally go before prices cool off? It’s the question at the forefront for analysts, following a year of breakout...
Kinshasa signs MoU with Vietnam’s Vingroup for electric transport rollout VinFast to supply electric buses, cars and charging infrastructure Project...
China’s Fuhai Energy buys 40% stake in Equatorial Guinea gas block Fuhai to fund most exploration costs at Barracuda prospect Deal supports...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...