Togo sets up new holding company Togocom

17 Jul 2017

The government of the tiny African state of Togo has announced the formal transformation of state-owned Togo Telecom Group into a new holding company, Togocom, with share capital of XOF1 billion (USD1.75 million). Under the reorganisation, fixed telephony operator Togo Telecom and mobile arm Togo Cellulaire (Togocel) have been merged into the new entity, but will lose some of their former responsibilities, while a new service-led unit – to be responsible for all convergent and innovative offers (voice and Internet, fixed and mobile) for residential and business customers – has also been established, initially under the temporary banner Togo ServiceCom. Further, the government is setting up two more subsidiaries: Togo InfraCom, which will be mainly responsible for long term investments and for the construction and operation of fixed and mobile infrastructures; and Togo InstalCom, which is responsible for the installation, repair and maintenance of equipment. Each of the registered units has a share capital of XOF500 million.

According to TeleGeography’s GlobalComms Database, in March 2015 the government pledged to intercede to rebuild ‘bankrupt’ national operator Togo Telecom and subsidiary Togocel, pumping in funds to regenerate the carriers. Under the regeneration plan announced by the post and digital minister Cina Lawson at the time, the state said it would upgrade the PTO’s network, providing improved services, affordable broadband internet access, better day-to-day management and a tighter control of spending. Additionally, the government said it would rebrand Togocel and overhaul the cellco’s infrastructure to make it competitive in a modern telecommunication industry. In November 2016, however, Ms Lawson’s office confirmed its intention to move onto phase two of the full reorganisation of the state-owned operators into a single entity with dedicated operating divisions for different services. Last week, Togo Telecom launched fibre-to-the-home (FTTH) pilot projects in two neighbourhoods of capital city Lome, namely Agoe and Baguida-Avepozo.

Togo, TogoCom (incl. Togo Telecom and Togocel)