GSM mobile telephone networks project, Cape Verde
Name and location
GSM mobile telephone networks project, Cape Verde.
Project description
The project comprises the build-out of a GSM mobile telephone network in Cape Verde.
Value
The project will cost $15-million. An amount of $12,3-million will go towards capital expenses, $500 000 for licence payments, and $2,2-million for other start-up costs.
The International Finance Corporation (IFC) will invest over $5-million in the project.
Duration
A timeframe for the project has not been disclosed.
Breakdown of main contracts
Not stated.
Client
Teylium Telecom (TT).
Latest developments
None stated.
Participants
IFC (loan finance).
Construction materials
Not stated.
On budget and on time?
Not stated.
Contact details for project information
TT CEO Malick Gueye,
tel +225 20 25 9797.
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