Tanzania: Vodacom to spend Sh150bn on consolidation
Vodacom Tanzania plans to spend about Sh150 billion in the next year in expanding and upgrading its network infrastructure in the country.
The additional capital investment is expected to consolidate network services through introducing new technologies to address customers’ need for voice and internet services. Vodacom’s new managing director Rene Meza told a group of editors last week that the firm also plans to improve its data services in order to make its Internet services more affordable.
“We will also focus on putting the power of the internet in people’s hands by providing affordable internet services throughout the country and also upgrading our state of the art 3G network,” he said.
Vodacom Tanzania has invested about Sh1 trillion since it started operations in Tanzania in 2000. It has 10 million subscribers and about eight million M-PESA registered subscribers.
“M-Pesa expansion across the country will remain one of Vodacom primary focuses going forward as an enabler to change and improve people’s lives in Tanzania. We reach a large section of the population in both urban and rural settings as we provide services with innovation, at affordable cost and quality solutions," said Rene.