Vodacom to invest TZS150bn on Tanzanian network upgrade

29 Nov 2011

Vodacom Tanzania has earmarked investment of TZS150 billion (USD89.97 million) in the next few years to expand and upgrade its infrastructure in the country. The Citizen newspaper writes that the CAPEX will be used to consolidate the cellco’s networks and services, specifically through the introduction of new technologies to meet consumer demand for voice and in particular, data services. Vodacom Tanzania’s incoming managing director Rene Meza is quoted as saying that the operator plans to improve its data capability 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,’ Rene said. Vodacom Tanzania claims to have invested approximately TZS1 trillion since it launched operations in 2000. Today it has signed up around ten million subscribers, of whom around eight million are registered to its mobile money service M-PESA. Of the popular service, Rene commented: ‘M-PESA expansion across the country will remain one of Vodacom’s 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.’

Tanzania, Vodacom Tanzania