Lao Telecommunications Company (LTC) is set to launch 4G/WiMAX Internet by the end of this year, aiming to become the main competitor in the Lao telecom sector.
“We are currently installing equipment and carrying out tests, and waiting for government to issue a licence,” LTC Deputy Director General Mr Chanthavone Sosamphan said, speaking on Friday at a “Thank you party” for LTC partners.
In Vientiane, LTC will install four new base stations, with each covering 20 square kilometers. “Four base stations will be enough for Vientiane. In the provinces, we’ll install mainly in the cities,” he said.
LTC will also expand or install more systems to accommodate the growing number of 3G subscribers and build 23 additional service centers nationwide this year.
Director General Thongsay Sanexaya reported recently that the company would invest about 155.4 billion kip (U$19.34 million) in services development and network expansion this year. The aim is to attract a minimum of 400,000 new mobile phone customers this year, adding to its current 1.5 million customers.
LTC was established as a joint venture in 1996, with the Lao government holding a 51 percent share and Shenington Investments Private Company of Thailand holding 49 percent for a pre-defined 25-year term.
Via: Vientiane Times
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