UK Based Telecom Expand in Tanzania
UK-based data, voice and IP provider
for Africa, Liquid Telecom, is set to expand in Tanzania through the
acquisition of Raha, the country’s leading internet service provider.
Liquid Telecom recently announced that it has
received the final regulatory approval to become the majority stakeholder of
Raha.
The Tanzania Communications Regulatory
Authority (TCRA) approved the agreement on December 8th, 2016.
Following the acquisition, Tanzania
will become the latest market to be added to Liquid Telecom’s extensive fibre
network, which is the largest of its kind serving eastern, central and southern
Africa, spanning over 40,000km across 12 countries. “We are very pleased to
announce that this transaction has received its final approval.
The agreement enables Liquid Telecom
to expand its footprint into Tanzania, a growing and dynamic African country,”
said Nic Rudnick, CEO of Liquid Telecom.
“We are thrilled with this approval and look
forward to being part of a pan-African connectivity movement,” said Aashiq
Shariff, CEO of Raha.
Raha today serves over 1500 businesses as well
as a growing number of retail customers with a range of connectivity solutions,
including fibre, satellite, WiMAX and Wi-Fi.
Liquid Telecom has operating
companies in the UK and across Africa in Botswana, the DRC, Kenya, Lesotho,
Rwanda, South Africa, Uganda and Zambia, and Zimbabwe.
Liquid Telecom is currently working
on a new submarine cable set to run along the East African coast and into the
Red Sea. The new fibre-optic cable will help boost internet speed and mobile
communication in Tanzania.
Tanzania Internet Internet services’
users in Tanzania reached 17.3m in 2015 (34% of total population), compared to
only 5.3m (12% of total population) in 2011.
The number of mobile wireless users also
increased significantly during 2011–2015, from 3.7m to 16.2m, accounting for
more than 90% of the total number of internet users.
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