KT announced, on the 24th, that they successfully signed a lucrative contract with Rwanda of building the national backbone network, worth 6.43 billion won, at Kigali, Rwanda.
This grand business plan includes setting optical cables in 30 areas in Eastern Africa and also in 5 additional areas near the border to build the national backbone network by the first half of 2011. This, constructing information technology network, can be interpreted as Rwanda's ambition to create their country as the next IT hub.
Thus, Rwanda once again calls KT to contract another deal to build the network after only a year since 2007 and 2008, where both signed a contract worth $48 billion dollars of constructing WiBro and the national backbone network.
In the past, KT and Rwanda celebrated on December 9th for fruitfully building KT's WiBro and the national backbone network. KT proudly claimed that Rwanda's love call for additional contract stemmed from KT's cutting-edge technology and construction quality, in which these attributes touched the operators from Rwanda.
"It is an honor and most grateful event for KT to have won trust and credibility from Rwanda via boasting KT's perfect implementation process of constructing network and through this contract, we will continue to expand on further crucial businesses in the future" said Kim Hank-suk, the Head of Operations of KT.
