MIC Tanzania Limited

MIC Tanzania Limited (tiGO)

Type	Public
Industry	Telecommunication Communications Services
Founded	November 30, 1993
Headquarters	Dar Es Salaam, Tanzania
Key people	Diego Gutierrez - GM, Olivier Prentout - Marketing Manager Shavkat Berdiev- Chief Commercial Officer
Products	Tigo Life, Voice, Message portal, Data, Ring Tones, Topic portal,Tigo Back up, Tigo Music,Tigo Pesa, Tigo Bima, Tigo Kilimo, Tigo Hadithi, Tigo Rafiki, Tigo Voice Chat,
Number of employees	Tigo Tanzania directly and indirectly employs over 300,000 Tanzanians including an extended network of customer service representatives, mobile money merchants, sales agents and distributors.
Website	tiGO.co.tz

Tigo Tanzania is the leading innovative telecommunication company in the country, distinguished as a fully-fledged digital lifestyle brand. Offering a diverse product portfolio in voice, SMS, high-speed internet and mobile financial services, Tigo has pioneered innovations such as Facebook in Kiswahili, TigoPesa App for Android & iOS users, Tigo Music(Deezer) and East Africa’s first cross-border mobile money transfer with currency conversion.

The Tigo 3G network guarantees the best services to its subscriber’s in all regions across the country, and we have recently launched a 4G network available in key cities. Between 2013 and 2014 alone the company launched over 500 new network sites, which translates to over 2000 network sites. Tigo plans to double its investment by 2017 in terms of coverage and additional capacity networks for deeper penetration in rural areas. With over 9 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.

Tigo is the biggest commercial brand of Millicom, an international company developing the digital lifestyle in 12 countries with commercial operations in Africa and Latin America and corporate offices in Europe and the USA. With the certain knowledge that only constant innovation will keep them on top, Millicom keeps creating greater shareholder value; applying their concept of “demand more” is how they do business and retain their position as digital lifestyle leaders in some of the most unique and challenging markets.

History

MIC Tanzania Limited (tiGO) was found on November 30, 1993. This corporation was a joint venture between Millicom International Cellular based in Luxembourg, Ultimate Communications Limited of Tanzania and Tanzania Posts and Telecommunications Corporation. In this venture, 27.7% of the issued share capital was allotted to the Ultimate Communications Limited and Tanzania Posts and Telecommunications Corporation.^[1]

In 1993, there was liberalization of telecommunication sector in the country which result into dissolution of Tanzania Posts and Telecommunications Corporation (TPTC) in early 1994. Its shares ware then transferred to Tanzania Telecommunications Company Limited. Further steps towards full liberalization of the market causes the privatization of TTCL on February 23, 2001 and its shares were transferred to the Tanzanian Government.

Millicom Takes Full Control Over MIC Tanzania (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.

Overview on Telecom Companies In Tanzania

See also

1. Celtel Tanzania
2. Vodacom Tanzania
3. Vodacom
4. 3G Technology
5. Tanzania Telecommunications Company Limited
6. Celtel International
7. Celtel Africa Challenge

References

External links

Tanzanian Wireless Network Operators Airtel Halotel Sasatel SmileCom tiGO TTCL Vodacom Zantel Tanzania Communication Regulatory Authority Ministry of Works, Transport and Communication