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- Where we work
- SUDATEL
SUDATEL
Sudan
| Borrower | Sudan Telecommunications Company Limited |
| Financing Type | Private Sector & Trade Finance |
| Instrument | Private Sector Debt |
| Focus Area | Telecom |
| Approved | 14.03.2002 |
| Signed | 21.08.2003 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| Co-financiers | ISDB |
| OPEC Fund Contribution (US$m) | 7.60 |
Sudatel provides fixed-line services throughout the Sudan and has recently launched a major capital expansion program involving the installation of some 5,000 km of fiber optic cable, the transition from analogue to digital services, and the introduction of digital satellite networks. The number of fixed-line subscribers, which already exceeds 500,000, is expected to grow to over one million by 2003. The proceeds from the Fund’s loan will be used to purchase equipment to connect several remote towns and villages to the existing fiber optic network. Ensuring the access to national and international communications networks is expected to contribute significantly to overall economic growth.