A new broadband internet service provider has officially launched in Uganda.
Named CanalBox, the new company announced it has invested over shs50 billion in the past 11 months ahead of the launch
The company said it offers two fiber optic internet plans including the start which is 50 Mbps and Premium (200 Mbps), suitable for basic and heavy internet users respectively.
The plans are priced at Shs110,000 and Shs200,000 per month respectively.
The Managing Director of GVA, Jean-François Duboy said that the aim of the internet provider is to democratise broadband internet access through fibre.
“With a speed of 200 Mbps for only Shs200,000 in terms of price, speed and value for money, we are convinced it will be game-changing. Canal Box will now enable a large number of Ugandan families to connect to animated high-speed internet in their homes,” he said.
The Chief Executive Officer, GVA, Julius Kayoboke, added that when they entered the Ugandan market, there were only 30,000 homes in Uganda connected to fibre internet compared to Kenya’s 600,000. He said for the 11 months so far, 5,000 homes have been covered with a projection of another 500,000 homes in Kampala within three to four years.
The Director Industry Affairs and Content Development in Uganda Communications Commission (UCC), Julianne Mweheire said that increased access to the internet boosts business opportunities and fosters innovation.
The company says its internet plans are ideal for businesses, homes, and schools that require reliable internet access for streaming, video conferencing, and other demanding applications.
Speaking during the launch, the deputy Speaker of Parliament, Thomas Tayebwa welcomed the new player in the Ugandan market.
“The entry of such a giant player in Uganda is a vote of confidence in our government and its business-friendly policies, country, and people,” Tayebwa said.
“We look forward to seeing the impact you will make in growing broadband internet prevalence in Uganda.”