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title: Gemcorp bags Angola Telecom network modernisation contract - Developing Telecoms
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 [Operators](https://developingtelecoms.com/telecom-business/operator-news.html)## Gemcorp bags Angola Telecom network modernisation contract

 

 

   Details    James Barton    Category: [Operators](https://developingtelecoms.com/telecom-business/operator-news.html)     20 December 2022     8037 views   

 

  ![Gemcorp bags Angola Telecom network modernisation contract](https://developingtelecoms.com/images/stories/Places/800x600/luanda_hilltop_600.jpg)  

 

Angola’s government has appointed a consortium headed by asset manager Gemcorp to upgrade, manage and operate the national transmission network of state-owned fixed provider Angola Telecom.

As reported by Agence Ecofin, the consortium will oversee both nationwide backbone infrastructure and metro fibre-optic networks, among other operations. The 15-year partnership is expected to be made official with the award of a US$188.8 million service contract to Gemcorp.

The Angolan government has stated that the deal will allow other communications providers in the market “to benefit from access to a robust and redundant national coverage network, and to offer their subscribers quality services at competitive prices.” It expects this to boost growth in Angola’s digital economy, thereby increasing socio-economic development.

TeleGeography reports that the agreement is part of the Angolan state’s drive to “make the public business sector more dynamic and profitable” by developing AT’s wholesale operations. [This initiative began on 14th September 2021](https://developingtelecoms.com/telecom-business/telecom-investment-mergers/11891-angola-telecom-tender-is-confirmed.html) following [Presidential Order No. 99/21 signed on 17th June.](https://developingtelecoms.com/telecom-business/telecom-investment-mergers/11385-angola-telecom-finally-welcomes-private-sector-involvement.html) While the ‘sub-concession’ was due to be awarded before the end of 2021, the process was eventually delayed by a year.

 

 

   
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