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Vietnam’s military-run mobile firm launches in Tanzania‏ Through Halotel

Vietnam’s military-run mobile firm launches in Tanzania, invests $736 mln

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Vietnam’s state-run telecoms operator Viettel launched mobile and internet services in Tanzania on Thursday after investing $736 million (Sh75.80 billion) in East Africa’s second-biggest economy.

Tanzania’s mobile telecoms sector has grown rapidly over the past decade, driven by demand for third-generation (3G) mobile services.

The number of mobile phone subscribers in Tanzania rose by 16 percent in 2014 to 31.86 million, according to the country’s telecoms regulator.

A statement issued by Viettel, which is run by Vietnam’s Ministry of Defence, said the company will trade as Halotel in Tanzania and would offer both 2G and 3G services.

“With an initial investment of $736 million … Viettel’s operations have enabled services to all 26 regions in the country across rural and urban areas,” it said.

“Viettel’s new investment in Africa follows the rollout of services in Burundi and Cameroon … earlier this year and in Mozambique … in 2014.” Viettel said it had built 18,000 km of optical cable and more than 3,000 base transceivers, giving it coverage for up to 81 percent of Tanzania’s population of over 47 million.

The company will compete with four other main operators in Tanzania: Vodacom Tanzania, owned by South Africa’s Vodacom , Bharti Airtel, Tigo Tanzania, which is part of Sweden’s Millicom and Etisalat – owned Zantel.

Three other mobile operators – state-run TTCL, Benson and Smart – have a small market share. The Tanzanian president’s office said last year Viettel plans to invest $1 billion (Sh103 billion) in a new 3G mobile phone network in the country.

Like other African countries, mobile phone use has rocketed in Tanzania over the past decade, with telecoms the fastest-expanding sector in the country.

Viettel operates in markets in Asia, Latin America and Africa, and has around 75 million subscribers worldwide, according to its website. Its revenues in 2014 were $9.8 billion (Sh1 trillion) and it is aiming for a 20 percent increase in 2015.

SOURCE: Reuters

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Posted by on October 19, 2015 in Business News, Tanzania News

 

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SMS cost set to go down in East African Community (EAC)

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Cost of sending a text message within East Africa is expected to drastically fall as the regional governments extend the push to lower cost of communication beyond voice.

The reduction in charges are expected to promote cross-border trade and overall economic growth in the region.

Kenya, Uganda, Rwanda and South Sudan have agreed to cut tariffs on SMS across the region. This is part of the ‘One Network Area’ initiative adopted last year to help drive down cost of communication.

The new rates will be launched in October when the regional heads of state meet in Nairobi for the 11th Northern Corridor Integration Project Summit. Uganda’s President Yoweri Museveni, Rwanda’s President Paul Kagame and South Sudan President Salvar Kiir will be hosted by President Uhuru Kenyatta.

Partner states are negotiating for SMS in the region to cost Sh1 across all countries, says Mr Joseph Nyaga, who is in charge of the Northern Corridor Integration Project Authority in Kenya.

However subscribers in Uganda might have to wait longer since phone operators have not implemented the proposal to remove taxes on SMS and data roaming across the three countries. Communications regulator in South Sudan also does not have sufficient constitutional grounding to handle changes in SMS and data.

The two countries will have two months to align their telecom systems to the One Network Area requirements on data and SMS.

Meanwhile, Rwanda and Kenya have concluded consultations with mobile phone operators and are awaiting South Sudan and Uganda to come on board.

Currently, Kenya’s largest telco Safaricom charges Sh1 to send a text message within the network in Kenya, while international SMS rates remain Sh10. When talks on One Network Area on SMS are finalised, subscribers will pay a shilling to send an SMS to all countries falling within the agreement.

During the Northern Corridor Infrastructure Summit in Kampala held on June 5, the four partner States agreed that the wholesale price for SMS within the region would be below $0.03 cents inclusive of all applicable charges. In the agreement, they said the retail price would not exceed $0.06 cents per SMS.

The retail rate is the cost incurred in sending SMS within the country while the wholesale rate is the agreed interconnection rate between networks.
Presidents Kenyatta, Museveni, Kagame and Kiir adopted the agreements and have set a deadline for their execution.

Telecommunication firms; MTN, Safaricom, Tigo and Airtel were earlier on against the move saying it would hugely cut down their revenue. At the March 6, Northern Corridor Integration Projects Summit in Kigali, Rwanda, they had proposed huge charges.

In their view, the cost of SMS while roaming for instance in Rwanda and Uganda should cost $0.12 cents in bundles, and $0.22 out of bundle. In Kenya, sending an SMS should cost $0.11 in bundles and $0.20 in Rwanda.

 
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Posted by on September 1, 2015 in Business News

 

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Google eyes emerging markets networks: report

Google to Fund, Develop Wireless Networks in Emerging Markets

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Google has become deeply involved in a series of projects to build and operate wireless networks in emerging markets including sub-Saharan Africa and Southeast Asia, a report said on Friday.
The Wall Street Journal, citing unnamed sources, reported the effort is part of a plan that could connect a billion or more new people to the Internet.

Google did not immediately respond to an AFP request to comment on the report.

According to the report, Google is “deep in the throes” of the effort to build wireless networks for people outside major cities where wired Internet connections are scarce.

It said Google plans to team up with local companies in some of the countries to develop the networks, and formulate business models to support them.

In some cases, Google plans to provide its own recently developed wireless technologies to help such networks.

Google has launched an ultrafast fibre network in the Kansas City area and is working in other areas of the United States on creating powerful Wi-Fi networks.

The Journal said that in the emerging markets, Google is seeking to create an ecosystem using new microprocessors and low-cost smartphones powered by its Android mobile operating system.

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The system could also use balloons or blimps to transmit signals for the networks.

The daily said Google has begun discussions with regulators in countries including South Africa and Kenya on changing rules to allow the use of airwaves reserved for TV broadcasts.

 
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Posted by on May 25, 2013 in Articles, International News

 

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DSE to Benefit from SADC Countries Linking Stock Exchanges

THE Committee of Southern Africa Stock Exchanges says it will explore technological ways of linking trading and order systems of Sadc stock markets, committee chairperson Mrs Beatrice Nkanza has said.

This would help to increase the effectiveness of Sadc’s 10 stock exchanges including DSE.

Other CoSSE members apart from  Dar es Salaam Stock Exchange of Tanzania are Botswana Stock Exchange, Malawi Stock Exchange, Stock Exchange of Mauritius, Bolsa de Valores de Mozambique, Namibian Stock Exchange, South Africa’s JSE Ltd, Swaziland Stock Exchange, Zambia’s Lusaka Stock Exchange, and the Zimbabwe Stock Exchange.

Mrs Nkanza, who is also the chief executive of Lusaka Stock Exchange, said the committee was working closely with various Sadc institutions to support development of regional systems, including payment and was expected to boost visibility of trading data and enhance its joint website.

The Dar es Salaam Stock Exchange (winner of The Best Sustainable Stock Exchange of the Year 2011, Africa” by the World Finance ) have joined nine other stock exchanges in the Southern African Development (SADC) to adopt a digital platform. This will hopefully increase productivity and efficiency for smooth functioning and growth of market operations in completing cross border transactions.

Technology is opening doors and is the basis for changes in investor behavior and expectations. Considering the number of companies in Dar es Salaam there aren’t anywhere as many listed on the Dar es Salaam Stock Exchange.

Through meticulous planning and a well thought out implementation of the process, there are numerous benefits to listing your company on the stock exchange. For example, it creates a market for the company’s shares enhancing the status and financial standing of your company.
You increase market exposure, public awareness and interest in the company along with your services and products. It boosts the companies’ corporate profile as there will be an added element of trust and credibility.

 

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