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%.
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...
IFC to approve €95m loan for OCP phosphogypsum facility Project supports 22m-ton storage at Jorf Lasfar complex Financing aids...
GZ Industries switches to solar with 2.6 MW plant Daystar expands Nigeria capacity to 14.7 MW with storage Solar adoption rises as firms...
Ecobank Côte d'Ivoire 2025 net profit rises 10.45% to 63.48bn CFA Board proposes higher dividend; payout totals 48.9bn CFA francs Shares surge 64%...
Nigerian lender to open its first Francophone subsidiary on April 29 Move marks expansion into WAEMU’s largest banking market Entry comes as...
Nosy Iranja is one of the most iconic island destinations in northwestern Madagascar, lying in the Mozambique Channel about an hour and a half by boat...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...