THE COMTEL PROJECT. COMESA SECRETARIAT. Angola Burundi Comoros Congo, DR Djibouti Egypt Eritrea Ethiopia Kenya Madagascar. Malawi Mauritius Namibia Rwanda Seychelles Sudan Swaziland Uganda Zambia Zimbabwe. COMESA Membership Member States of COMESA are :. Map of COMESA.
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ZimbabweCOMESA MembershipMember States of COMESA are:
COMESA Member States have undertaken to:
COMTEL project objectives include:
Registered in Mauritius as an offshore company in May 2000 for the purposes of implementing, operating and managing the regional network.
COMTEL INVESTMENT COMPANY:
Registered in Mauritius as an offshore company in May 2000. A vehicle for National Telecommunication Operators (NTOs’) to invest in COMTEL Communications Company.
25% - National Telecommunications Operators (NTO’s), 30% - Strategic Equity Partner (SEP), 45% - Private Sector Investors (PSI’s)COMTEL COMPANIES
The Interim Board of Directors consists of:
Telecom Management Network
Relevant test equipmentCOMTEL NETWORK ELEMENTS
Fibre & civil works - US$174 million.
Transmission/installation & other equipment – US$30 million.
Service costs (training, documentation etc) – US$12 million.
Administration costs (to be financed by NTO’s) – US$24 million.COMTEL PROJECT COSTS
IRR = 44.34 %
NPV = 739,363
Pay Back period = 3.1 Years
ERR = 48.6 %PROJECT VIABILITY
Project costs = US$216 million
NTO subscription = US$1.8 million/NTO
Equity + debt = US$144+US$96 = US$240 millionSHAREHOLDING STRUCTURE