Vodacom puts $1bn in network infrastructure
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Announcing the firm’s vision to lead into the digital age and change lives using technology, managing director, Mr Ian Ferrao said the investments has helped the company to maintain its tempo as Tanzania’s leading mobile telecommunication operator in terms of subscribers.
Dar es Salaam. Vodacom has invested over $1 billion in the country in building its second and third generation infrastructure coverage during the past few years, the company announced yesterday.
Announcing the firm’s vision to lead into the digital age and change lives using technology, managing director, Mr Ian Ferrao said the investments has helped the company to maintain its tempo as Tanzania’s leading mobile telecommunication operator in terms of subscribers.
Tanzania had a total of 34,251,801 subscriber identification module (Sim) cards of June 2015, according to Tanzania Communications Regulatory Authority (TCRA) figures.
Vodacom had a total of 11,996,217 sim cards to remain the market leader with a 45 per cent market share on its side.
He said the company invests at least Sh200 billion in the country each year, noting that the trend will continue as the company rollouts its new coverage and new technologies including the fourth generation (4G) fiber networks.
“To date, Vodacom has invested over $1bn into the Tanzanian market, building the widest 2G and 3G coverage, with 87 per cent of the population now covered. Supported by our distribution partners and 85,000 M-Pesa agents, Vodacom has already connected more than 12 million subscribers and is currently the highest taxpayer in the industry,” he said.