Morocco’s Maroc Telecom, controlled by French group Vivendi, is thought to be in a good position to bid for state-owned Benin Telecoms, according to African-bulletin.com, quoting French newspaper La Lettre Mediterrannee, following previous reports that France Telecom (FT) was in pole position for the privatisation of Benin’s incumbent telco.
The schedule for privatising the PSTN and broadband operator is unclear however, with observers saying that the issue could be clouded by upcoming presidential elections next spring, whilst Benin Telecoms’ workers’ union has warned that it will ‘react strongly’ to inevitable staff restructuring (‘downsizing’) plans resulting from a sale to the private sector.
Maroc Telecom has expanded across several African nations. In neighbouring Mauritania, it acquired 51% of Mauritel in 2001, and it acquired majority control of Burkina Faso’s Onatel in 2006 and Gabon Telecom the following year.
In 2009, Maroc Telecom signed an agreement with the Malian government to become the major stakeholder of Sotelma. The group is also eyeing other markets outside the traditional French speaking African countries which have strong political ties with Morocco.
Showing posts with label Benin. Show all posts
Showing posts with label Benin. Show all posts
Friday, December 17, 2010
Thursday, July 15, 2010
Glo Secures Gambia Licence
According to a company statement, Nigerian telco Globacom (Glo) has secured a licence to operate in Gambia. The concession is Glo’s sixth, and comes four months after the award of a licence in Senegal. The company’s other countries of operation are Nigeria, Ghana, Benin and Cote d’Ivoire.
On receiving the licence, Glo’s executive director for human resources Adewale Sangowawa said: ‘This adds impetus to our desire to provide the West African sub-region with an excellent communication network and cost-effective voice, data, video and e-commerce services.'
The licence allows Globacom to land its Glo 1 trans-Atlantic submarine cable in Gambia, with opportunities to extend the infrastructure to neighbouring countries. It also gives the company the right to carry traffic for major operators, the government and wholesale customers in Gambia.
On receiving the licence, Glo’s executive director for human resources Adewale Sangowawa said: ‘This adds impetus to our desire to provide the West African sub-region with an excellent communication network and cost-effective voice, data, video and e-commerce services.'
The licence allows Globacom to land its Glo 1 trans-Atlantic submarine cable in Gambia, with opportunities to extend the infrastructure to neighbouring countries. It also gives the company the right to carry traffic for major operators, the government and wholesale customers in Gambia.
Labels:
Benin,
Gambia,
Ghana,
Glo Mobile,
Glo-1,
Ivory Coast,
Nigeria
Thursday, June 3, 2010
Glo Gets Senegal Licence
Nigeria-based Globalcom (Glo Mobile) has reportedly been issued with a mobile operator’s licence in Senegal. If confirmed, the concession, the fourth to be awarded in the West African country, will also allow Globacom to land its Glo 1 trans-Atlantic submarine cable in Senegal, with opportunities to extend the infrastructure to Mali.
Local newspaper This Day quotes the Nigerian firm’s chairman Mike Adenuga Jr as saying that the licence would enable his company to offer ‘world class telecommunications services’ to the government and people of Senegal. ‘In line with our vision, Glo will continue to play a major role in stimulating a new era of prosperity in the sub-continent and build facilities that will offer Africa advanced telecoms services such as teleconferencing, distance learning, disaster recovery, telemedicine, on-line diagnosis and video conferencing during surgery and research,’ Globacom added in a statement.
The Nigerian company also holds operating licences in Nigeria, Ghana, Benin Republic and Cote d'Ivoire, but as reported recently, has threatened to exit the Ghanaian market citing sabotage as the reason.
Local newspaper This Day quotes the Nigerian firm’s chairman Mike Adenuga Jr as saying that the licence would enable his company to offer ‘world class telecommunications services’ to the government and people of Senegal. ‘In line with our vision, Glo will continue to play a major role in stimulating a new era of prosperity in the sub-continent and build facilities that will offer Africa advanced telecoms services such as teleconferencing, distance learning, disaster recovery, telemedicine, on-line diagnosis and video conferencing during surgery and research,’ Globacom added in a statement.
The Nigerian company also holds operating licences in Nigeria, Ghana, Benin Republic and Cote d'Ivoire, but as reported recently, has threatened to exit the Ghanaian market citing sabotage as the reason.
Labels:
Benin,
Ghana,
Glo Mobile,
Ivory Coast,
Mali,
Nigeria,
Senegal
Friday, February 19, 2010
Etisalat Hits 100 Million Mark
UAE-based telecoms operator Emirates Telecommunications Corporation (Etisalat) has revealed that its subscriber base has exceeded 100 million customers across 18 markets in the Middle East, Asia and Africa, covering two billion people. The announcement follows Etisalat’s acquisition of the remaining 18% of its West African venture Atlantique Telecom (AT) it did not already own for USD75 million earlier this month.
Etisalat operates AT as part of a ten-year management contract ending in 2015; the company holds majority stakes in seven operators in Cote d’Ivoire, Benin, Burkina Faso, Gabon, Niger, Togo, and Central Africa Republic. At the same time, the UAE incumbent revealed it had filed an application with the Indian Foreign Investment Promotion Board (FIPB) in December 2009 to obtain approval to raise its 45% stake in its Indian subsidiary Etisalat DB to 50% plus one share. The company has said it is targeting majority stakes in its subsidiaries and associates for greater operational and financial synergy.
Etisalat operates AT as part of a ten-year management contract ending in 2015; the company holds majority stakes in seven operators in Cote d’Ivoire, Benin, Burkina Faso, Gabon, Niger, Togo, and Central Africa Republic. At the same time, the UAE incumbent revealed it had filed an application with the Indian Foreign Investment Promotion Board (FIPB) in December 2009 to obtain approval to raise its 45% stake in its Indian subsidiary Etisalat DB to 50% plus one share. The company has said it is targeting majority stakes in its subsidiaries and associates for greater operational and financial synergy.
Labels:
Africa,
Asia,
Benin,
Burkina Faso,
Central African Republic,
Etisalat,
Gabon,
India,
Ivory Coast,
Middle East,
Niger,
Togo,
UAE
Monday, July 20, 2009
Vodacom Introduces M-PESA In Tanzania

Vodacom Tanzania has officially signed up BOA Bank to provide Vodafone M-PESA services to its clientele. Both prepaid and post-paid Vodacom customers are able to open a Vodafone M-PESA account at no cost at any authorised agents and at BOA Tanzania outlets. Mobile users on any network can receive money sent through the M-PESA service.
"We are delighted to announce the signing up of Bank of Africa (BOA) as the very first Bank in Tanzania to become Vodafone M-PESA agent," said George Rwehumbiza, Vodacom's Head of Sponsorships and Communications.
"Today, BOA adds on to our current 1,000 agents countrywide", he continued to say.
BOA Bank Tanzania is a Private Commercial Bank operating in Tanzania serving corporate and retail customers. BOA's major shareholder, the Bank of Africa Group is already operating in ten other African countries namely: Benin, Mali, Burkina Faso, Ivory Coast, Kenya, Madagascar, Niger, Senegal, Uganda and Burundi with further plans of expanding.
Labels:
Bank of Africa,
Benin,
Burkina Faso,
Burundi,
Ivory Coast,
Kenya,
M-Pesa,
Madagascar,
Mali,
Niger,
Senegal,
Tanzania,
Uganda,
Vodacom
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