Telecom

Tanzania: Horus-PTS, Bradda Ink $6M Deal to Increase Broadband Penetration Rate

Tanzania: Horus-PTS, Bradda Ink $6M Deal to Increase Broadband Penetration Rate
Thursday, 28 September 2023 17:22

The Tanzanian government wants 85% of its population to have access to broadband by 2025. Currently, the country has 34.04 million internet users and a population of 67.9 million people.

Horus Power and Telecom Solutions, a telecoms company present in 14 African countries, and Bradda, a Tanzanian ISP, have signed a cooperation agreement to accelerate broadband adoption in Tanzania. The two partners will invest $6 million in the project which targets about 50,000 people over the next three years.

“By combining our expertise in optical fiber infrastructure with Bradda's extensive network reach, we aim to bridge the digital divide and empower individuals, businesses, and communities with reliable connectivity,” Horus-PTS wrote on its official Facebook Page.

The new partnership will support efforts by the Tanzanian government to boost access to telecom services, and broadband, in a bid to accelerate Tanzania’s digital transformation. The government aims to bring broadband’s penetration rate to 85% by 2025.

Tanzania has 34.04 million internet users, 64 million mobile phone users, and 83,407 landline users. The country’s telecom regulator, Tanzania Communications Regulatory Authority (TCRA), disclosed the figures in its Q2 2023 report.

Isaac K. Kassouwi

On the same topic
Djibouti launches École 42 digital training network with international partnership Program offers peer-learning, no degrees, focusing on practical tech...
MTN South Africa to invest $1.3 billion in network expansion Funding targets broadband, 4G/5G rollout and infrastructure upgrades Investment...
South Africa partners Google to offer 10,000 AI skills scholarships Program targets youth employment via training in digital fields Initiative...
MTN Ghana completes separation of mobile money into new entity Move aims to boost fintech growth and attract dedicated investment Mobile money revenue...
Most Read
01

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
02

A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...

Mitsubishi, Toyota Buy Options on Africa's Next Startups
03

ECOWAS and IMF sign cooperation framework to strengthen policy alignment West Africa’s grow...

ECOWAS and IMF Set New Framework to Align Policies Across West Africa
04

Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...

Coca-Cola Plans $1 Billion Investment in South Africa After Nigeria Push
05

West African Development Bank plans CFA6,500 billion ($11.5 billion) in financing for 2026–2030. ...

BOAD Targets $11.5 Billion Investment in WAEMU by 2030 Under New ‘Djoliba’ Plan
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.