As part of the financing of the renewal of the license to operate telecommunications services in Burkina Faso, Onatel has signed a partnership agreement with the Atlantic Bank worth 40 billion CFA Francs which aims to allow Onatel to renew its license and offer the latest generation services to its customers.
Through this signature, Onatel intends to announce to its customers that it is ready to offer in the coming days broadband through the launch of 4G technology for the well-being of its 7,800,000 customers.
The Managing Director of Onatel, Sidi Mohamed Naimi, declared, ‘’The network is ready. It remains to sign the specifications and hand over the check to pay this license. The first product to be launched very quickly is 4G. We have a 4G that is powerful. We have all the technical capabilities we need, all the skills to support customers in the success of very high speed.’’
Moreover, Onatel wants to offer mobile broadband to its customers and partners to download, edit or share documents on a mobile basis and faster.
On the other hand, the CEO of the Atlantic Bank, Yssouf Gbané, said, “It is to create wealth in the economy of Burkina Faso. This sum will go to the coffers of the State of Burkina Faso. It will allow Onatel to grow and create new products.”
As a reminder, the Atlantic Bank and Morocco Telecom Group belong to a Moroccan group. The Atlantic Bank is present in eight West African Economic and Monetary Union (WAEMU) countries across Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo. Morocco Telecom Group is present in 10 countries with more than 61 million customers.