Many African countries have good mobile network coverage in the towns and cities, but in not the rural areas - and the population coverage falls well short of the maximum that is economically viable. This is due to limitations on the availability of affordable capital, with Operators forced to prioritise their precious capex on technology upgrades and coverage improvements in the high-population-density cities, rather than invest in expanding coverage into the rural areas. AMN offers Operators across Africa a simple and and compelling solution - expanded coverage, more subscribers, increased revenues, guaranteed positive margins and no capex. AMN finances, builds and operates mobile base stations in rural areas, connected to the Operator's network and offering voice and data service to the Operator's subscribers. AMN offers the Operators incremental revenues with proportional opex for guaranteed gross margins and EBITDA. The Operator has no capex and little or no risk. The AMN solution uses highly-innovative technology to achieve an outstanding user experience and minimise costs, thereby maximising profitability for the Operator. In September 2013, AMN announced that it would invest $550 million building 5,000 mobile base stations for Operators across 12 countries in Africa. |
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