Rwanda and Korea Telecom (KT) partnership through Olleh Rwanda networks and Nokia received yesterday in London, United Kingdom the Global Telecom Business Innovation award.
In an awarding ceremony hosted by the Global Telecom Business Magazine, Rwanda’s 4G LTE project was recognised for innovation in business model (Public Private Partnership), innovative market structure through single wholesale network, and speed of rollout across the country.
Commenting on the award, the Rwanda’s Minister of Youth and ICT, Jean-Philbert Nsengimana, said that “the Government of Rwanda congratulates our partner Korea Telecom on this award which recognises President Paul Kagame’s vision of making ICT a central component of the country’s rapid social economic transformation. It invites all industry players to accelerate their efforts towards delivering the promise of broadband to our economy and our people.”
In November 2014, Rwanda launched a high-speed broadband network – 4G LTE. The network was established through an agreement between the Government of Rwanda and KT Corporation, South Korea’s largest telecommunications provider. The Network is expected to cover 95 per cent of the population by 2017.
Rwanda continues to be one of the fastest growing African ICT markets. The country targets to become a regional centre for training of high quality ICT professionals and researchers.
With a population of 11.7 million people, Rwanda’s mobile penetration currently stands at 71.6% with internet penetration currently at 28%.