G-Mobile has assured that it would launch Malawi’s third network before the end of this year and has already spent US$25 million on its network. The company intends to spend around US$150 million over the next three years rolling out its network.
Previous month it was exposed that Malawi’s Communication Regulatory Authority (MACRA) had fined G-Mobile US$6.9 million for failing to install its network as per its license clause.
According to G-Mobile CEO Peter Davies, the company’s goal is to set up a high quality service to differentiate it from rivals. Till now in Malawi, a group of factors, including logistical difficulties, has created a high rate of dropped calls and other service issues with established operators. G-Mobile’s ethos is to raise the quality of services seen in the market while at the same time maintaining competitive pricing.
Beryl Capital and Telecoms was contracted last year to manage the roll out of its network, which was to be completed by the end of last year. When G-Mobile was given its license in April this year, it was expected to invest US$40 million in the venture within the first five years of operations.