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Rwanda: Bye Bye Rwandatel

By George Ihugo November 23, 2019 0 comments

By May this year, Rwandatel will be no more. The bankrupt utility is closing its doors forever when a liquidation exercise that began last year is completed. The government decided to liquidate the company when operations became unsustainable following loss of its mobile phone (3G) license, amidst a deepening debt crisis.

Rwandatel which was for decades the country's single telecoms firm, a giant in its heyday, looks like a ghost company these days. When the Rwanda Utilities Regulatory Agency revoked the operating license from owners LAP Green, 137 workers were laid off, or about 43 percent of the company's work force.


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