Rwandatel was a telephony company with its headquarters in Kigali, Rwanda.
Rwandatel was founded in 1993 as a government parastatal to provided telephone and internet services, including local telephony and long distance service.
In 2006, American born Greg Wyler, took 99% control of Rwandatel through his communication firm Terracom.
Due to financial constraints, the government of Rwanda held negotiations with Terracom's investors in June 2007 in order to establish the value of the company and organize a buy buy back of Rwandatel by the government. The agreed total purchase price was USD 11.91 Million with the Government acquiring 70% while Caisse Sociale du Rwanda (now Rwanda Social Security Board) acquiring 30% of the venture.
In September 2007, Libyan based investment firm, LAP (Libyan Investment Portfolio) Green, acquired 80% of Rwandatel for USD 100 million and agreed to invest another $177 million over the following 5 years as well as agree to meet wireless voice and data roll-out goals. LAP Green's other investments included its 69% control of Uganda Telecom.
[instrumental]
hmmm.... ooohhh, yeah
yeah, oooh oooh,
[Verse 1]
Looking through my window pane
I know my heart is fallen with the rain
and the only thing that keeps me sane
is the thought of you, babe
and I know it takes time
so I'm gonna just try
not to think about why you're not here, yeah
on this rainy day, when I need you the most
when I need you the most, need you the most, yeah,
To feel that you're still close, like on those Rainy Days I used to stay here with you, oh,
Why stand out in the rain, when we can try again?
oh, I never understood why we had to end. oh no,
oooh, it just isn't fair. So now that I'm lonely,
with no one to console me
Time goes so slow, but life moves on,
I said, "make up distractions"
but still I'm dying to ask ya about all the things I don't understand, like I know I look fine on the outside, but can't you feel that I'm crying behind closed doors, sitting in my room, waiting for you on this Rainy Day.
'Cause I'm drowning in the loss, yeah yeah yeah, I'm drowning in the loss of you
no matter what it costs, no no no, I, I, just wanna follow, follow you, until my rainy days are gone, oh,
[Scatting to the music]
I just never understood why we had to end, oh oh oh yeah yeah
So where are you now? Are sitting all alone or feeling down? 'Cause since you left me that's all I am, all I do, all I see, can you really say you don't miss me?
Cause I miss you on these Rainy Days, the ones I used to spend with you, spend with you, spend with you, you, you, spend with you,
The ones I used to spend, wish I could do it all again,