Government announced capital opening of TogoCom

Thursday, 04 October 2018 16:53
Government announced capital opening of TogoCom

(Togo First) - Togo’s government adopted a bill to open the capital of TogoCom, State-owned company born from the merger between the country’s respective leaders of the landline and mobile sectors, TogoCel and Togo Telecom. This was during the ministers’ council held last Wednesday in Lomé.

The government’s move aligns with its objective to keep innovating in the telecom industry. This sector indeed has over the recent years become very competitive in the region as major operators like Maroc Telecom, which is active in Togo via Moov, MTN, Orange or Vodacom expand their footprint in West Africa. 

TogoCom’s great ambitions

TogoCom’s main ambition is to significantly boost access to broadband by 2020, leveraging on 4G and optic fiber. This will enable the group to improve its investment capacity and use the latest ICT innovations to develop new growth segments.

Commenting on the merger, the group said that more than half of TogoCel’s mobile sites have been connected to Togo Telecom’s optical fiber. This helped double the average speed of internet on mobile and considerably reduce 3G connection cuts. 

Beyond Lomé, the merger has yielded positive results. In rural areas, internet coverage has improved and free connection spots were established in Aného, Atakpamé, Dapaong, Kara, Kpalimé, Sokodé and Tsévié. Since end-June, 4G deployment started, to improve connectivity across the country. 

According to a source close to Affoh Atcha-Dédji, TogoCom’s Managing Director, the group wants to become in the years to come, one of the leading telecom firms in the region. By passing this new step (capital opening, Ed. note), “TogoCom will be able to provide services of quality at a cheap cost for the greater joy of consumers”, said a source close to the minister of posts and digital economy, Cina Lawson.  

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