HiTs Telecom Awarded GSM License in Burundi
Published on: 16th Jan 2008
Note -- this news article is more than a year old.
Uganda based but Saudi owned HiTs Telecom has been awarded a GSM operator license in the African nation of Burundi. The company is the sixth to be granted a mobile license in this tiny country.
Despite the high number of phone networks - cellular population penetration lags at a mere 6% - with just over 510,000 subscribers. According to figures from the Mobile World, the dominant operator is Telecel with 275,000 customers, followed by Africell (104k), Econet Wireless (75k) and state owned Onatel with 56,000 subscribers. Lacell does not appear to have launched its services yet.
Last April, HiTs Telecom acquired a 45% share in Liberia's Libercell and has an option to take full ownership before August this year.
HiTs is based in the Kingdom of Saudi Arabia. This parent company owns 100% of Qanawat, QPay, HiTs Yemen Distribution and HiTs Egypt Distribution. HiTs owns 85% in 4Run and retains minority stakes in HiTs Unitel and ITC. HiTs currently owns 100% of HiTs Africa.