Local operators to bid for Rwandatel assets

The assets of Rwandatel, which still operates fixed lines, are set to be sold after the commercial court ruled in favour of Registrar General’s request that the operator be liquidated as it could not be able to pay off creditors because it is technically bankrupt. According to Richard Mugisha, the administrator to Rwandatel, the bidding process that is to kick off in one week’s time is likely to attract telecom companies that are already in the industry.