China Telecom has reportedly set up a unit to help manage its businesses in Africa and the Middle East as mobile subscriptions grow on the continent mostly known as the mobile-first world.
The China Telecom (Africa and Middle East unit will run the firm’s local subsidiaries as well as expand its business in the region and tap into the growing presence of Chinese firms on the continent.
China Telecom Corporation Limited is the world’s largest wireline telecommunications, CDMA mobile network and broadband Internet services provider, providing basic telecommunications services such as wireline telecommunications services and mobile telecommunications services, and value-added telecommunications services such as Internet access services and information services with over 186 million mobile subscribers.
In March this year, China Telecom signed a deal with SimbaNET Malawi to build its 428-km national optical network. SimbaNET is a Wananchi Group company.
Korea Telecom also has operations in Africa and is moving to bolster its competitive edge on the continent. The firm has operations in Rwanda and South Africa through subsidiaries and is planning to build a 4G LTE mobile broadband network in Kenya with govt partnership.