Unitel

Stock performance

History

Unitel was founded as Angola's first private mobile-network operator, launching service shortly before the end of the country's long civil war, and grew into Angola's dominant mobile operator during the subsequent postwar reconstruction and oil-boom period, becoming one of the most valuable private companies in the country.

Business model

Unitel provides mobile telecommunications and data services across Angola, having built the country's largest mobile network during the rapid connectivity expansion that accompanied Angola's postwar economic recovery and oil-fueled growth period.

Market position

Unitel is the dominant mobile-network operator in Angola, holding a substantial majority of the country's mobile subscribers, a position built during the early 2000s postwar period when Angola's telecommunications infrastructure was rapidly rebuilt and expanded.

Country impact

Unitel is one of the largest and most valuable private companies in Angola, and its growth alongside the country's postwar reconstruction reflects how quickly certain sectors of the Angolan economy recovered once the civil war ended in 2002.