Angola Telecom suspends allocation of its mobile license to Angorascom

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A Angola Telecom announced today that it has suspended the process of subconcession of operating its mobile license to Angorascom Telecommunications, as the legal technical assumptions at the time were not met.

"Unfortunately these aspects technical-legal authorities have not followed up properly, and now the macroeconomic framework has also changed and we will no longer proceed with the request for authorization for the subconcession of the mobile service that we explore“, Said today the chairman of the board of directors of Angola TelecomAdilson of the Saints.

Angola authorized “exceptionally" to subconcession of Angola's mobile service Telecom the company Angorascom Telecomunicações SA, through the presidential order. The presidential dispatch, dated November 2019, did not explain the reasons for the authorization “exceptional", from subconcession of Angola's mobile service Telecom, referring only to the need to “ensure the promotion of competition in the provision of communications networks and services electronic Throughout the national territory".

Adilson dos Santos explained that, at the time it was done, there was a reality, assumptions had to be met for the partner and, at subconcession.

Angorascom was expected to enter the national market in 2021.

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