wiredinUSA May 2014

Telkom fiber investment

New board for Uganda Telecom

The

Jakarta

Globe

reports

that

Stephen Kaboyo will assume the role of chairman of Uganda Telecom (UTL), and the board will also see three new members, in amove by LAPGreenNand the Ugandan government to provide renewed leadership for the communications subsidiary. “We are delighted to welcome Stephen Kaboyo as chairman of the UTL board and would like to thank Dr Ben Mbonye [the previous chairman] for his service,” said Wafik Shater, LAP GreenN CEO. Mr Kaboyo, an ex-Central Bank executive, brings20yearsofknowledgeandexperience to the position of chairman. He currently operates a private practice, Alpha Capital Partners, an indigenous Ugandan firm with interests in sovereign asset management, foreign exchange trading strategies and financial sectoradvisory.Hehas servedasan intermittent expert for the IMF, participating in international missions providing technical assistance in developing financial systems. “UTL has great potential for growth throughout Uganda,” said Stephen Kaboyo. “We will need to evaluate our growth areas and continue the massive push for all around improvement in performance for our customers as we continue to reposition the company.”

state-owned

telecommunications

company Indonesia (Telkom) is planning to spend around $600 million during 2014 on the expansion of its fiber optic network across the country. The project is part of Telkom’s “Indonesia digital network 2015” scheme, which aims to improve the nation’s Internet connectivity. The fiber optic network, with an advertised downlink speed of 1Gbps, will be rolled out in 30 cities across Indonesia, including Jakarta, Bandung, Surabaya, Medan, Denpasar and Makassar. Rizkan Chandra, Telkom’s network and solutions director, admitted: “The investment for this project depends on the technology we use. Building a fiber optic network for one household usually costs between $100 and $300.” Telekomunikasi

wiredInUSA - May 2014

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