1 / 20

THE COMTEL PROJECT

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.

Jimmy
Download Presentation

THE COMTEL PROJECT

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. THE COMTEL PROJECT COMESA SECRETARIAT

  2. Angola Burundi Comoros Congo, DR Djibouti Egypt Eritrea Ethiopia Kenya Madagascar Malawi Mauritius Namibia Rwanda Seychelles Sudan Swaziland Uganda Zambia Zimbabwe COMESA MembershipMember States of COMESA are:

  3. Map of COMESA

  4. THE PROJECT COMESA Member States have undertaken to: • Improve telecommunication networks to meet the standards required for inter-state communication. • Establish a privately-owned terrestrial network linking National Telecommunication Operators in COMESA. • Network will facilitate the transmission of voice, data & video and enhance trade relations within the region.

  5. WHY THE COMTEL PROJECT? COMTEL project objectives include: • Ensure inter-State telecommunication connectivity • Improve telecommunication grade & quality of service • Improve regional integration • Increase inter-regional trade • Enhance co-operation

  6. WHY THE COMTEL PROJECT? • Tariff harmonisation & reduction • Reduction of foreign currency out payments due to external routing of intra-COMESA traffic (currently US$90million/annum) • Introduction of new technologies & services • Development of rural telecommunications

  7. GOVERNMENTS’ COMMITMENT • Transport and Communications Ministers Meeting - June 1998 • COMESA Council of Ministers Meeting - June 1998 • COMESA AUTHORITY, HEADS OF STATES SUMMIT - June 1998

  8. REGIONAL CO-OPERATION • The COMTEL project is prioritised under New Partnerships for Africa’s Development (NEPAD’s) short term plan on infrastructure deployment & roll-out projects. • Co-operation with other regional blocks under the Africa Union umbrella e.g. The Economic Community for West African States (ECOWAS) – expressed interest in adopting the COMTEL interconnectivity model for 16 countries.

  9. COMTEL COMMUNICATIONS COMPANY: 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. SHAREHOLDING STRUCTURE: 25% - National Telecommunications Operators (NTO’s), 30% - Strategic Equity Partner (SEP), 45% - Private Sector Investors (PSI’s) COMTEL COMPANIES

  10. COMTEL INTERIM BOARD The Interim Board of Directors consists of: • D R of Congo • Egypt • Kenya • Malawi • Mauritius • Sudan • Zambia

  11. .

  12. Project costs are estimated at US$240 million and comprise of: ATM Routers Optical Fiber Microwave links Telecom Management Network Billing System Relevant test equipment COMTEL NETWORK ELEMENTS

  13. Project costs are estimated at US$240 million and comprise of: 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

  14. Technically feasible Institutionally sound IRR = 44.34 % NPV = 739,363 Pay Back period = 3.1 Years ERR = 48.6 % PROJECT VIABILITY

  15. PROJECTED FINANCIAL PERFORMANCE (US$ MILLION)

  16. SHAREHOLDINGS STRUCTURE

  17. Administration budget = US$24 million (NTO’s) Project costs = US$216 million NTO subscription = US$1.8 million/NTO Equity + debt = US$144+US$96 = US$240 million SHAREHOLDING STRUCTURE

  18. NTOs BENEFITS • Save transit charges. • Construction of neighboring links. • Estimulation of traffic to the region (social and economic benefits). • Use of advance technology ATM • Compatibility with existing infrastructure. • Unification of TAR within the region.

  19. NTOs BENEFITS • More traffic from land-lock countries to justify a landing point for a future submarine cables networks. • Many alternatives to connect with submarine cables networks. • Competitive tariff. • More income • Wide connectivity within the region.

  20. THANK YOU FOR YOUR ATTENTION

More Related