Govt & Korean Firm Sign Deal to Operate ICT Services

{{Rwanda has signed a partnership deal with South Korea’s largest telecom company, Korea Telecom (KT), to establish a joint venture that will build and operate ICT services in the country.}}

The deal will set an agenda for the utilisation of the high-speed Fourth Generation (4G) broadband network by Rwandans for socio-economic transformation.

In June, KT entered into an agreement with Rwanda to deploy 4G Long Term Evolution (LTE) broadband network across the country to ensure fast, reliable and cheaper Internet services.

Jean Philbert Nsengimana, the minister for youth and ICT said, “We are going to transform the way Rwandans do business using IT services the company will avail to the market; for instance, changing our scope into e-governance, e-banking, e-learning and e-health. The company will have a range of solutions to benefit every Rwandan.”

“As we are look forward to facilitating Rwandans and businesses with reliable broadband, we believe the new joint venture will transform Rwanda into the region’s ICT hub, by applying IT solutions to our daily lives,” said Claire Akamanzi the acting chief executive of Rwanda Development Board.

Kim Hong-Jin, the KT president, Global and Enterprise Group said, “This partnership will contribute in developing the ICT industry, stimulating job creation, and promoting socio-economic development in the country,” he said. “This opportunity will also help KT build a global ICT reference, and expand the Rwandan model to other African countries.”

source:{newtimes}