Moribund Sierra Leone Promises Launch Shortly
Published on: 12th Mar 2013
Note -- this news article is more than a year old.
Libya's Lap Green Networks says that it is committed to launching its network in Sierra Leone, despite a controversy over how it acquired its majority stake in the local mobile subsidiary.
The company bought an 85% stake in Ambitel in 2007 from its founder, Michael Kenneth Ondaan. However he claims that there is a payment of USD2 million still outstanding and that conditions of the sale have not been met.
The mobile network had planned to launch services in 2011, but these were stalled by the uncertainty at the parent company following the downfall of the Libyan dictator, Muammar Gaddafi.
The regulator has been pressing the company to launch mobile services, and the company said that a launch would be "soon", without elaborating.
On the web: IDG