Mauritius Telecom, Telma in the running to acquire new Comoros licence

Mergers, Acquisitions and Financial Results

Mauritius Telecom and Telecom Malagasy (Telma) of Madagascar have joined the race to acquire the second telecoms licence on Comoros, Agence Ecofin reports. As previously revealed by the Autorite Nationale de Regulation des TIC (ANRTIC), a 15-year licence to provide wholesale and retail electronic communication services in Comoros was made available earlier this year, and will permit the holder to utilise 2G and 3G technology.

Applicants (or parent companies) were required to have at least one million subscribers to their existing fixed or mobile services, and to be in possession of at least USD20 million in funding. Interested parties were required to have registered their interest by 18 May 2015, and to have submitted their bids by 25 June 2015. The winner of the tender is expected to be announced in September this year.

Comores Telecom (Comtel) is currently the sole provider of wireless, broadband and fixed line services on Comoros. As noted in TeleGeography’s GlobalComms Database, prior to 2003 there were no mobile telephony services in the country; in October that year the Societe Nationale des Postes & Telecommunications (SNPT) – since renamed Comtel – launched a GSM-900 network under the brand name HURI. Fixed broadband arrived in April 2007, via Comtel’s ADSL network.
Source: Telegeography 14 Juy 2015