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 Wednesday, 08 July 2009

­Rwandan mobile operator, Rwandatel says that it missed its subscriber target for the first half of this year by 30%, but said that its market share had risen by 15%. According to company officials, Rwandatel had set a first half subscription target of 600,000 clients but managed only slightly above 420,000 active subscribers on June 30.

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According to figures from the Mobile World, at the end of Q1 '09, the operator had an estimated 260,000 customers, compared to 1.3 million at the only other operator, MTN. Last December, Millicom was granted the country's third mobile license after paying US$60 million for the 15 year license.

Source: Cellular News