Vodacom Tanzania invested USD125m in 2012/13; tax bill tops USD22.5m

4 Jun 2013

Mobile network operator Vodacom Tanzania invested over TZS200 billion (USD125.3 million) in infrastructure in the financial year ended 31 March 2013, allowing the carrier to double the size of its network, taking Vodacom’s total CAPEX in the country to over TZS1.3 trillion, since its launch in 2000. According to Vodacom Tanzania’s Managing Director Rene Meza, the firm’s ongoing investment in its 3G networks and connection to the National Information Communication Technology Broadband Backbone (NICTBB) is a clear illustration of its commitment to ensuring that as many Tanzanians as possible have improved access to telecoms services. In the last financial year, Vodacom invested TZS800 billion in the NICTBB project, including connecting its northern fibre-optic ring (i.e. Dar-Arusha-Dodoma) to the backbone network. Meza notes that currently, the company is working on the connection of the western portion of the ring – covering Mwanza, Mara, Kagera, Shinyanga, Tabora, Singida, Kigoma, Makambako – and the southern link – Morogoro, Coast, Iringa, Ruvuma, Mtwara, Lindi and Dar es Salaam. Further, the MD notes that on top of investment in 3G mobile technology in 2012/13, the carrier is also working on a 4G Long Term Evolution (LTE) platform, having launched a trial on Msasani Peninsular in Dar es Salaam.

Vodacom Tanzania also reports that it paid total corporate tax of TZS36.5 billion in the 2012/2013 financial year – a 20-fold increase on the amounts it has handed over in the last three financial years.

Tanzania, Vodacom Tanzania