Zantel asks regulator to intervene in mobile price war (Tanzania)
By Editor on March 3, 2011 · Leave a Comment
Zanzibar Telecommunication (Zantel) has reportedly called on the Tanzania Communications Regulatory Authority (TCRA) to tackle the problem of tariff cutting in the market.
Zantel CCO Norman Moyo has called on the TCRA to issue guidelines on tariff cuts for voice call services to safeguard end users from ‘unscrupulous operators’ which may temporarily reduce tariffs to entice customers to their network and then sell the customers off to another operator.
Moyo argued that the practice could result in massive losses in the sector and even shutdown of some cellcos, which in the long term will lessen competition.
Filed under Mobile · Tagged with CCO, Mobile, Norman Moyo, Tanzania, Tanzania Communications Regulatory Authority, TCRA, Zantel, Zanzibar Telecommunication
Local shareholders seek consent from TCRA to vend their shares to foreign investors (Tanzania)
By Editor on October 17, 2008 · Leave a Comment
Tanzanian shareholders holds 35% in domestic mobile operator Vodacom tanzania approaches the Tanzania Communications Regulatory Authority (TCRA) in order to seek permission to sell their shares to foreign investors, reports local media. According to a recent data, the unit, currently 65%-owned by South Africa’s Vodacom Group and Mirambo Limited of Tanzania (35%), is the nation’s largest player in terms of subscribers with a market share of 44.86% at 30 June 2008. However, it has since become involved in a dispute with the TCRA over who it is allowed to sell the shares to. Even though Mirambo is petitioning for the right to offload the asset to foreign investors, local legislation (under the Tanzania Communications Licensing Regulations of 2005) requires that telecoms companies operating in the country must have at least one local shareholder with a minimum 35% stake to meet the criteria for a telecommunication licence.
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Filed under Mobile · Tagged with Mirambo, South Africa, Tanzania, Tanzania Communications Regulatory Authority
