Breaking News: Telecommunications Giant Celebrates 25 Years with Impressive Growth in Tanzania
In a landmark year marking its 25th anniversary, the leading telecommunications company has reported exceptional performance, solidifying its position as a key driver of digital innovation in Tanzania.
The company’s latest annual report reveals remarkable growth, with service revenue surging by an impressive 20.5 percent. This extraordinary expansion was fueled by a 15.7 percent increase in customer base and a significant uptick in data and mobile financial services.
Mobile data revenue jumped by 21.6 percent, highlighting Tanzania’s rapidly growing digital consumption. Mobile financial services saw an even more dramatic rise, with revenues climbing 29.3 percent and providing crucial financial services to millions.
Regulatory data confirms the company’s market dominance, with a 32.1 percent share of registered SIM cards, 32.8 percent of mobile internet users, and a commanding 40.4 percent of mobile financial services market.
The company’s leadership attributes this success to sustained investment in network infrastructure, including advanced 4G and expanding 5G coverage. Strategic focus on digital and financial solutions has been instrumental in driving deeper digital economic inclusion.
“Tanzania’s digital journey is accelerating, and we are committed to being at the forefront of this transformation,” said the company’s managing director. The results underscore Tanzania’s significant potential in the digital innovation landscape and the company’s pivotal role in driving technological advancement.
This milestone year demonstrates the organization’s robust strategy and the immense opportunities within Tanzania’s telecommunications sector.
