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wiredInUSA - May 2014
38
The
Jakarta
Globe
reports
that
state-owned
telecommunications
company
Telekomunikasi
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.”
Telkom fiber
investment
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.”
New board
for Uganda Telecom