With over 13.5 million registered subscribers to their network, Tigo, directly and indirectly, employs over 300,000 Tanzanians including an extended network of customer service representatives, mobile money merchants, sales agents and distributors.[1]
Tigo is the biggest commercial brand of Millicom, an international company trading in 12 countries with commercial operations in Africa and Latin America and corporate offices in Europe and the USA.
In 1993, there was liberalization of telecommunicationsector in the country which resulted in the dissolution of Tanzania Posts and Telecommunications Corporation (TPTC) in early 1994. MIC Tanzania Limited was granted a licence November 30, 1993. The corporation was a joint venture between Millicom International Cellular based in Luxembourg, Ultimate Communications Limited of Tanzania and Tanzania Posts and Telecommunications Corporation Bibi. In this venture, 27.7% of the issued share capital was allotted to the Ultimate Communications Limited and Tanzania Posts and Telecommunications Corporation.[2]
Mobitel
The company began operations in 1994 under the name Mobitel and launched Tanzania's first cellular (analogue) service. In 1998 the company expanded significantly and began pre-paid service under the brand "Simu Poa" and began issuing pre-paid cards under the brand "Kadi Poa".[3]
In 1999 Adesemi Tanzania another telecommunication company operating in the country was acquired by Mobitel and it gave Mobitel customers access to the companies Private Automatic Branch Exchange networks.[4] At the time Mobitel was the first company in Africa that provided subscription-free Internet services under their "MobiNet" brand.[5]
in September 2000, with a partnership with Ericsson Mobitel launched its digital GSM network in Dar es Salaam. Both networks were run simultaneously, with the GSM network in the cities and the analogue network in rural areas. The GSM network was marketed under the brand "Buzz", while the analogue network remained under the "Kadi Poa" brand.[6] The analogue network was continually phased out and was eventually shutdown in September 2005.
In February 2004, MIC's parent company Millicom International Cellular took over the 26% stake from the government to control 84% of the company's equity.[7]
Re-branding to tiGO
In February 2006, after buying out its minority shareholders, the Luxembourg-based pan-African mobile operator Millicom International Cellular announced to take a full control of three of its African-based Mobile operators including MIC Tanzania limited. In Tanzania a USD 1.332 million deal enables Millicom to acquire the remaining 16% stake it did not already own after the cellco's minority shareholders agreed to cancel their call option on the business. Since then Millicom is the full controller of the company.[7]
After this take over the company re-branded the company from "Buzz" to "tiGO", in line with the company's operations globally. Since then the company has been at the fore-front of innovation and has grown its customer base tremendously.
Initial public offering
In December 2016, in accordance to the government law, tiGO Tanzania applied to list the company on the Dar es Salaam Stock Exchange,[8] but as of April 9 2019 it was yet to go public.[9]
Mobile Services
Mobile money
Tigo like all telecommunication brands in Tanzania operates Mobile money services. Currently tigo operates the second largest network and subscriber base for mobile money services in Tanzania.[10] In 2014, the company became the first company in the world to share its profit with its subscribes through mobile money. The company issues quarterly dividends to customers based on their daily balance in their Mobile wallet.
Tigo Pesa also became, in 2014, the first in Africa to provide a fully inter operable mobile money service network; that allowed its customers to trade money between Vodacom, Airtel and Zantel.[11] The service also extended to Tigo in Rwanda and the company was the pioneer in East Africa's first cross-border money transfer mobile wallet product. The gateway allowed customers in Rwanda and Tanzania to send money to tiGO customers in the respective countries.[12]
4G LTE
In December 2015, Tigo Tanzania launched 4G LTE services in Dar es Salaam. The company was the first in the country to bring 4G and 3G speeds to its customers and possibly one of the first companies in Africa to provide LTE services.[13]
^ ab"TCRA Statistics Dec 2017" (PDF). TCRA. Tanzania Communications Regulatory Authority. December 2017. Retrieved 28 August 2018.
External links
December 31, 2022
tanzania, limited, this, article, refers, tanzania, based, subsidiary, millicom, international, cellular, which, telecommunications, company, based, luxembourg, main, article, tigo, tigo, telecommunication, company, tanzania, tigo, typepublicindustrytelecommun. This article refers to Tanzania based subsidiary of Millicom International Cellular which is a Telecommunications Company based in Luxembourg For the main article see tiGO Tigo is a telecommunication company in Tanzania MIC Tanzania Limited tiGO TypePublicIndustryTelecommunication ServicesFoundedNovember 30 1993HeadquartersNew Bagamoyo Road Dar es Salaam TanzaniaArea servedTanzaniaKey peopleSimon Karikari GM Mohamed Mursi CCOProductsVoice Data Messaging Mobile MoneyBrandstiGO tiGO PesaNumber of employees300 000ParentMillicom InternationalWith over 13 5 million registered subscribers to their network Tigo directly and indirectly employs over 300 000 Tanzanians including an extended network of customer service representatives mobile money merchants sales agents and distributors 1 Tigo is the biggest commercial brand of Millicom an international company trading in 12 countries with commercial operations in Africa and Latin America and corporate offices in Europe and the USA Contents 1 History 1 1 Mobitel 1 2 Re branding to tiGO 1 3 Initial public offering 2 Mobile Services 2 1 Mobile money 2 2 4G LTE 3 Statistics 4 See also 5 References 6 External linksHistory EditIn 1993 there was liberalization of telecommunication sector in the country which resulted in the dissolution of Tanzania Posts and Telecommunications Corporation TPTC in early 1994 MIC Tanzania Limited was granted a licence November 30 1993 The corporation was a joint venture between Millicom International Cellular based in Luxembourg Ultimate Communications Limited of Tanzania and Tanzania Posts and Telecommunications Corporation Bibi In this venture 27 7 of the issued share capital was allotted to the Ultimate Communications Limited and Tanzania Posts and Telecommunications Corporation 2 Mobitel Edit The company began operations in 1994 under the name Mobitel and launched Tanzania s first cellular analogue service In 1998 the company expanded significantly and began pre paid service under the brand Simu Poa and began issuing pre paid cards under the brand Kadi Poa 3 In 1999 Adesemi Tanzania another telecommunication company operating in the country was acquired by Mobitel and it gave Mobitel customers access to the companies Private Automatic Branch Exchange networks 4 At the time Mobitel was the first company in Africa that provided subscription free Internet services under their MobiNet brand 5 in September 2000 with a partnership with Ericsson Mobitel launched its digital GSM network in Dar es Salaam Both networks were run simultaneously with the GSM network in the cities and the analogue network in rural areas The GSM network was marketed under the brand Buzz while the analogue network remained under the Kadi Poa brand 6 The analogue network was continually phased out and was eventually shutdown in September 2005 In February 2004 MIC s parent company Millicom International Cellular took over the 26 stake from the government to control 84 of the company s equity 7 Re branding to tiGO Edit In February 2006 after buying out its minority shareholders the Luxembourg based pan African mobile operator Millicom International Cellular announced to take a full control of three of its African based Mobile operators including MIC Tanzania limited In Tanzania a USD 1 332 million deal enables Millicom to acquire the remaining 16 stake it did not already own after the cellco s minority shareholders agreed to cancel their call option on the business Since then Millicom is the full controller of the company 7 After this take over the company re branded the company from Buzz to tiGO in line with the company s operations globally Since then the company has been at the fore front of innovation and has grown its customer base tremendously Initial public offering Edit In December 2016 in accordance to the government law tiGO Tanzania applied to list the company on the Dar es Salaam Stock Exchange 8 but as of April 9 2019 it was yet to go public 9 Mobile Services EditMobile money Edit Tigo like all telecommunication brands in Tanzania operates Mobile money services Currently tigo operates the second largest network and subscriber base for mobile money services in Tanzania 10 In 2014 the company became the first company in the world to share its profit with its subscribes through mobile money The company issues quarterly dividends to customers based on their daily balance in their Mobile wallet Tigo Pesa also became in 2014 the first in Africa to provide a fully inter operable mobile money service network that allowed its customers to trade money between Vodacom Airtel and Zantel 11 The service also extended to Tigo in Rwanda and the company was the pioneer in East Africa s first cross border money transfer mobile wallet product The gateway allowed customers in Rwanda and Tanzania to send money to tiGO customers in the respective countries 12 4G LTE Edit In December 2015 Tigo Tanzania launched 4G LTE services in Dar es Salaam The company was the first in the country to bring 4G and 3G speeds to its customers and possibly one of the first companies in Africa to provide LTE services 13 Statistics EditThe Table below shows the number of subscribers tiGO has in December of the year based on figures by Tanzania Communication Regulatory Authority Registered Subscribers Market Share Mobile Money Subscribers Market Share Notes2012 6 370 796 24 N A N A 14 2013 6 297 288 23 N A N A 15 2014 8 624 638 25 N A N A 16 2015 11 115 991 28 5 252 523 30 17 2016 11 606 567 29 5 584 052 32 18 2017 11 062 852 27 7 6 091 578 27 18 2020 12 660 697 25 8 754 060 28 19 Reports numbers as of Dec 2017 See also Edit3G TechnologyReferences Edit Tanzania Communications Regulatory Authority 2020 Quarterly Statistics Retrieved 4 March 2021 1 Invitation to Investors To Purchase the Government Shares in MIC Tanzania Limited Trading as MOBITEL Tanzania Telecoms Market Overview amp Statistics PDF africantelecomsnews com Paul Budde Communication Pty Ltd The Last Place to Start a Company www ghanaweb com Retrieved 2017 01 10 Winne com Report on Tanzania Getting ready for take off www winne com Retrieved 2017 01 10 TANZANIA Remote Memory GSM cards 0101 0120 a b TeleGeography Millicom buys out Mobitel Tanzania www telegeography com Retrieved 2017 01 10 Tigo Tanzania applies for IPO as share listing deadline nears Reuters 2016 12 14 Retrieved 2017 01 10 Tigo in plans to list on the DSE by end of June The East Africa 2019 04 09 Retrieved 2020 03 29 TeleGeography Tigo Tanzania pays profit to its 3 6m Tigo Pesa users www telegeography com Retrieved 2017 01 10 Millicom The Digital Lifestyle www millicom com Retrieved 2017 01 10 Tanzania Tigo Pioneers Money Transfer Between Rwanda and Tanzania Tanzania Daily News Dar es Salaam 2014 02 25 Retrieved 2017 01 10 Tigo Tanzania launches 4G LTE BiztechAfrica Retrieved 2017 01 10 TCRA Statistics December 2012 PDF TCRA Statistics December 2013 PDF TCRA Statistics December 2014 PDF TCRA Statistics December 2015 PDF a b TCRA Statistics Dec 2017 PDF TCRA Tanzania Communications Regulatory Authority December 2017 Retrieved 28 August 2018 External links Edit Retrieved from https en wikipedia org w index php title MIC Tanzania Limited amp oldid 1120355488, wikipedia, wiki, book, books, library,
