The Latest

Tanzania To Buy Back 35% Of TTCL Telecommunications Company From Airtel

June 2, 2015
1 minute read

Tanzania’s government has agreed to buy back 35 % of Tanzania Telecommunications Company Limited (TTCL) from Indian operator Bharti Airtel for USD 7.07 million.

According to the Deputy Minister for Communication, Science and Technology Mr. January Makamba’s recent statement to local media “ As the Tanzanian government has decided to regain 100 % ownership TTCL the legal procedures are being finalised for the government to buy back Airtel’s shares”.

Bharti Airtel will still continue to hold nearly 70 % stake it has in the Tanzanian operator’s mobile phone business.

Tanzania Investment Guide 2026 Free Edition

The Tanzanian government also owns a 40 % stake in Bharti Airtel’s Tanzanian subsidiary Airtel Tanzania.

TTCL is the oldest and largest fixed line telecommunications company in Tanzania.

TTCL was wholly owned by the Government of Tanzania until the partial privatization of the company in 2001.

Bharti Airtel had acquired stake in TTCL as part of a USD 10.7 billion pan-Africa deal in 2010.

Want to know more about Telecoms in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers Telecoms, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources, and is also available at no cost upon completion of a short form.

Download Free OverviewGet the Full Edition for Free
Tweet
Share
Share
Share
Related Posts
Government Completes Tabora–Mpanda National ICT Broadband Backbone Link
Read More

Government Completes Tabora–Mpanda National ICT Broadband Backbone Link

The Government of Tanzania has completed a National ICT Broadband Backbone segment linking Tabora to Mpanda via Sikonge, Ipole and Inyonga in the 2025/26 financial year. The fibre link, built using TANESCO electricity infrastructure, will now be connected to telecom operators to deliver high-speed internet to residents.
Tanzania Smartphone Masai
Read More

Tanzania Telecom Subscriptions Reach 117 Million in Q2 2026, 5G Coverage Climbs to 34%

Tanzania telecom subscriptions reached 117.0 million in Q2 2026, up 4.51% from 111.9 million, as 5G population coverage rose to 34.18% and internet data traffic climbed 11.65% to 1,041 petabytes. Internet subscriptions reached 62.79 million, with average download speeds of 14.26 Mbps on mobile and 31.77 Mbps on fixed broadband. Mobile money accounts grew to 87.05 million, and transactions increased by 5.38%, reaching 2.1 billion in the quarter ending June 2026.

Want to know more about investing in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the economy, key sectors and investment opportunities. The complete 141-page edition, which includes policies, taxation, key regulations, full macroeconomic data and sources, is also available at no cost upon completion of a short form.

Download Free Overview Get the Full Edition for Free