Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

Orange launches first African 5G network in Botswana

Published 11/11/2022, 11:11 AM
Updated 11/11/2022, 11:17 AM
© Reuters. FILE PHOTO: The logo of French telecom operator Orange is seen at the telecommunication company headquarters in Issy-les-Moulineaux near Paris, France, August 6, 2022. REUTERS/Sarah Meyssonnier

JOHANNESBURG (Reuters) - French telecoms group Orange launched a new 5G network in Botswana on Friday in a first step towards rolling out the high-speed data offering to other markets in the Middle East and Africa, company executives said.

Following the initial Botswana launch, Orange's 5G coverage will extend to 30% of the southern African nation's population, including those living in Gaborone and Francistown, the two largest cities.

Coverage will be extended to other cities early next year, the company said.

While prices for 5G-enabled mobile handsets are dropping, they remain out of the reach of most Africans.

Instead, Orange is mainly focusing on 5G as a way of providing fast internet in Africa, where low population density makes rolling out fibre-optic infrastructure uneconomical.

"For us the main use case is fixed wireless access, meaning internet at home," Nene Maiga, CEO of Orange Botswana, told journalists ahead of the launch.

Africa and the Middle East, where Orange operates in 18 countries, account for over 60% of the company's total mobile customers and 6.4 billion euros ($6.6 billion) in revenue.

The region currently counts more than 44 million 4G customers.

Orange's Middle East and Africa CEO Jerome Henrique said the company was targeting 5G rollouts in around half a dozen countries in 2023, most likely starting with Jordan.

© Reuters. FILE PHOTO: The logo of French telecom operator Orange is seen at the telecommunication company headquarters in Issy-les-Moulineaux near Paris, France, August 6, 2022. REUTERS/Sarah Meyssonnier

"There's already an agreement with the government on the conditions for launching 5G in Jordan. And most probably Ivory Coast and Senegal shall follow, but we're still discussing about regulatory conditions," he said.

(This story has been refiled to remove extraneous tag in headline)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.