Business

CEC Liquid Telecom pumps $17m

NANCY SIAME, Lusaka
CEC Liquid Telecom Zambia has this year invested US$17 million in infrastructure development to improve service delivery in telecommunication.
Company managing director Andrew Kapula said the company intends to get its services close to the people through provision of quality services.
Mr Kapula said the company has since witnessed a 23 percent growth this year amid economic challenges experienced in the last quarter.
He said in an interview on Tuesday that the company has grown above the country’s gross domestic product (GDP) of 5.7 percent as it continues to invest in its infrastructure.
“We recorded growth in our infrastructure, we increased our backbone fibre by 500 kilometres and our metro fibre is now over 2,700 kilometres across the country,” he said.
On the outlook, Mr Kapula said the company intends to invest a further US$16 million next year in more infrastructure to improve internet connectivity.
“Next year (2016) looks exciting for the company as it will be getting its services to areas that have never had internet connectivity…We intend to open three more offices in the Northern, Southern and Western parts of the country,” he said.
Mr Kapula, however, expressed concern over the persistent load shedding which has had a negative effect on service delivery to its customers.
“Most of its customers have not had a good experience of the company’s services this year. We are hopeful that load shedding will not be as rampant [in 2016] as it is this year so that our customers can enjoy quality services,” he said.
However, the company has invested in back-up systems to help restore its clients‘ information in case of any blackouts.

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