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
Equity Bank proposes smartphone financing to boost digital adoption in DRC Low ownership persists, with only 8% of population using...
Reform targets fragmented rules slowing network deployment Government aims to boost investment in broadband and 5G Changes seek to lower costs and...
Vivo signed a financing agreement with Credit Direct to boost smartphone sales in Nigeria through installment payments. Customers will pay 20% upfront...
Morocco aims to connect 5.6 million households to fiber and achieve 85% 5G population coverage by 2030. Telecom operators plan to invest...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
03

AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...

AFC Backs First Green Project Finance Bond for 66MW Côte d’Ivoire Solar Plant
04

Mobile phones have become essential tools for work, education, payments and staying connected across...

EU Mandates Removable Phone Batteries. What It Means for Africa’s Device Market 
05

MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...

MTN Ghana tightens controls on mobile money agents over fraud concerns
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.