Tanzania - Telecoms, Mobile and Broadband - Statistics and Analyses

BuddeComm

Tanzanian government announces extension to the country's national backbone network

Sydney, May 25, 2022 (GLOBE NEWSWIRE) -- Just released, this edition of BuddeComm report outlines the latest developments and key trends in the telecoms markets. - https://www.budde.com.au/Research/Tanzania-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW


In common with many other markets in the region, the poor delivery of conventional bank services has spurred the use of the mobile banking platform.This has also improved revenue growth for the MNOs. Recently, Airtel Tanzania partnered with I&M Bank to provide a mobile wallet overdraft service, enabling subscribers to make payments even if they have insufficient funds in their digital wallets. The lack of funds had previously been a major brake on the use of m-payment services.Tigo Pesa some years ago received the coveted GSMA Mobile Money Certification, a testimony to the resilience of the company’s systems.For its part, Halotel Tanzania has launched its HaloPesa m-banking service. The company aims to sign up an additional three million subscribers by 2023, bringing its subscriber base to at least ten million. The company’s focus will remain in rural areas, where a large proportion of the population lives but where coverage by its competitors is poor, and also where conventional banking services are weakest.

Key developments

• Vodacom invests US$10 million to extend the reach of its broadband services to underserved areas of the country, contracts Eutelsat to provide satellite broadband connectivity;

• Government sets aside TZS170 billion to extend the NICTBB to 15,000km by 2023;

• Millicom completes sale of Tigo Tanzania to Axian;

• Airtel Tanzania partners with I&M Bank to provide a mobile wallet overdraft service, sells its portfolio of 1,400 towers;

• New MTR is agreed to 2022;

• Halotel aiming for more than ten million mobile subscribers by 2023, launches HaloPesa m-banking service;

• World Bank approves $150 million loan to develop the Digital Tanzania Project;

• TTC extends LTE-A service, launches investment program for its FttP project;

• Government allocates TZS17.5 billion to improve rural telecom infrastructure;

• Report update includes regulator’s market data to December 2021, operator data to Q4 2021, updated Telecom Maturity Index charts and analyses, recent market developments.

Companies mentioned in this report


Tanzania Telecommunications Corporation (TTC), Zanzibar Telecommunications Corporation (Zantel), Vodacom Tanzania; Bharti Airtel (Zain), Millicom (Tigo), Benson Informatics (BOL), Sasatel (Dovetel), Africa Online, Raha.com, Tele2, Alink, SatCom Networks, SimbaNet, Afsat, Cats-Net

Read the full report: https://www.budde.com.au/Research/Tanzania-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW

CONTACT: Nicolas Bombourg: nbombourg@budde.com.au Europe office: +44 207 097 1241 Oceania Office: +61 280 767 665