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.
• Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0....
• Qatar Airways and Kenya Airways establish strategic agreement, introducing a third daily flight be...
• Interbank volumes rose 18.7% in May, while rates declined across the market• The BCEAO cut its mai...
• EY is preparing to leave Francophone Sub-Saharan Africa by 2026• The exit could unlock $500 m...
As cybersecurity asserts itself as a pillar of digital sovereignty in West Africa, technology-free z...
Nigeria’s government launched a partnership to integrate digital literacy into rural primary and secondary schools. The initiative aims to tackle...
• Rwanda cut multidimensional child poverty nearly in half among 5–14-year-olds—from 25.3% to 11.9% between 2016 and 2024.• Free basic education and...
South32 plans to revise its 2026 production forecast for the Mozal aluminium smelter due to unresolved energy supply negotiations. The current...
The world’s renewable energy capacity grew by 582 GW in 2024 but still falls short of the 2030 tripling target. Africa’s renewable capacity...
Malawi’s Mount Mulanje and Cameroon’s Diy-Gid-Biy added to UNESCO World Heritage List Africa still holds 25% of endangered sites, despite recent...
Kolmanskop offers a haunting blend of lost wealth, colonial history, and the unstoppable force of nature. Located just a few kilometers inland from...