Tigo Senegal which now belongs to SAGA AFRICA HOLDINGS LIMITED, a joint venture of Teyliom Telecom, NJJ and Sofima, finally acquires 4G license.
On December 4, 2018, Tigo Senegal’s managing director Mass Thiam signed a concession and service agreement for this mobile technology with the managing director of the telecom regulator ARTP.
For the license, Tigo Senegal disbursed XOF27 billion. The telecom company is getting this license three years after it was put up for sale by the government (on November 15, 2015) at a reserve price of XOF30 billion ; a price which was, by the way, the reason for the company’s delay in acquiring this licence.
The former owner of Tigo Senegal, Millicom International Cellular (MIC), deemed the reserve price too high; same for its competitors Sonatel and Expresso which boycotted the licence.
But, in June 2016, Sonatel, a subsidiary of French operator Orange, reached an agreement with the government for the license and a renewal of its concession for XOF100 billion.
Tigo Senegal is getting this license more than two years after Orange which has been offering the service to Senegalese residents since July 2016.
"To talk of a delay is maybe exagerated insofar as we are now the owner of a 3G licence which lets us access the whole technology and also offer rewarding user experience", Mass Thiam declared during a press briefing about the delay in acquiring the 4G license.
Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...
In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...
In this week’s Health News Roundup, the U.S. is tightening health aid through bilateral agreements tied to co-financing and measurable targets, while...
Ghana resolves the $750m Afreximbank dispute. This strategic move avoids default and protects the lender’s credit rating from agency...
Ethiopia seeds 2.7M hectares for summer wheat, aiming for 17.5M tons to end import dependency and save ~$1B annually in foreign exchange. High costs...
Egypt’s Customs Authority signed an agreement with South Korea to modernize customs and e-commerce infrastructure, focusing on IT upgrades, faster...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...