African mobile telecom operator LAP Green Network, which is part of the Libya - Africa Investment Portfolio (LAP), is planning for the “imminent launch” of commercial services in Sierra Leone, Togo and South Sudan.
The company, which was incorporated in 2006 as a Libyan foreign investment vehicle, is also looking to expand via “prospective companies and licence acquisitions” in Ethiopia, DRC, Burundi and Tanzania, according to an updated map of the telco’s footprint posted on its website.
LAP Green already has commercial operations in Niger, Uganda, Rwanda and Ivory Coast.
“LAP Green Network is currently present in 7 countries and is aggressively seeking growth opportunities on the continent that are of a strategic fit,” the company said in a statement on its website.
“In Africa, unlike other telecom markets, there is still plenty of growth left for mobile networks because the market penetration stands at 50%. There are 188.5 million additional subscribers forecast for 2007-2011 and the market therefore still has a huge potential,” the company added.