Bharti Airtel invests $25 million in Malawi to roll out 3G network and Airtel Money

Telecom Lead Middle East: Telecom major Bharti Airtel is investing $25 million for the
development of the 3G network and Airtel Money in Malawi, Africa.

The teleco said that the investment is aimed at enhancing
the network infrastructure and providing mobile services that will help fuel
the economic and social development of Malawi.

Manoj Kohli, CEO (International) & Joint MD of Bharti
Airtel for African region said that Airtel Money will benefit the rural
communities of Malawi. The company has already launched Airtel Money service in
neighboring countries such as Kenya, Uganda and Tanzania.

In order to discuss its planned investment in Malawi, Manoj
Kohli met Joyce Banda, president of the Republic of Malawi to update on the
telecommunication company’s investments in Malawi.

 Kohli said the progressive Government reforms in the
telecom sector of the nation will enhance telecommunications connectivity
within the region.

Airtel will also be investing $10 million for green energy
initiative in Malawi by the end of the current financial year.

The company believes that the move to build a Green network
will address short term issues such as cutting back the reliance on fuel,
ensuring uninterrupted network upgrades and the medium to long term issues such
as managing operational costs and conservation of the Environment.

 The planned upgrade of Airtel’s High Speed Packet
Access (HSPA) 3G network in Malawi will contribute towards meeting the growing
demand for high speed internet and wireless entertainment for large Corporates,
SMEs and the Youth.

Airtel Malawi is backed by a professional team to
support the drive. Airtel’s commitment to be one of the leading global
telecommunications companies is underpinned by the development of local talent
at all levels. To this end, Airtel’s leadership program has seen 4 talented
Malawians take up senior positions overseas to develop their professional
skills within the organization,” Kohli further added.

Airtel Africa head meets Rwanda president to discuss planned
investment

Airtel is also investing   $100 million in
Rwanda to roll out 3G network and mobile commerce platform.

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