Angola Telecom business unit named Infrasat will turn in short term into a trading company.
The proposal of the company transformation was favourably analysed recently in a joint session of Economic and Real Economy Commissions of the Cabinet.
This decision is aimed to meet the demands due to launch the first Angolan satellite in orbit this year called Angosat said the Minister of Telecommunication and Information Technology, José Carvalho da Rocha.
The Minister said that conditions are being created for trading services to neighboring countries under the range of action of Angosat satellite.
The Cabinet official told journalists that Angosat range of action to cover all African Continent and part of Europe.
The first Angolan satellite will technically work in two bands “C” band and “KU” respectively.