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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»News»Rwanda moves to reduce price of 4G LTE by 50 percent

    Rwanda moves to reduce price of 4G LTE by 50 percent

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    By Paul Adepoju on January 30, 2015 News, People

    The Rwandan government is considering strategies to deploy to reduce the cost of 4G LTE by 50% according to Minister for Youth and ICT, Jean Philbert Nsengimana.

    the retail price for the services was determined in three phases which they were now looking to revise downwards to increase uptake.

    “In the pricing of 4G, we are looking at three parts. There is a wholesale price, retail price which includes a profit margin and there is a tax part. We are looking to try and cut each of the three parts to be able to try and reduce it by at least 50 per cent,” the minister said at a news conference in Kigali.

    He revealed interventions and actions will have to be done in a way that will not interfere with the sustainability and profitability of the businesses for the ICT sector to keep attracting investments.

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