Madagascar: Orange becomes the first telecoms operator to acquire a global license for 30 million euros
January 22nd 2024
The telecoms company Orange Madagascar acquired a global license last December from the Malagasy state at a cost of 30 million euros. This was revealed by Tahina Razafindramalo (photo), Minister of Digital Development, Posts and Telecommunications, on Friday January 19.
The new license is valid for 15 years. It gives the company the right to operate in all segments of the Malagasy telecoms market like the historic operator Telma. The company will now be able to “ offer on the wholesale and retail markets, all telecommunications services, capacity resale and infrastructure rental for all types of services, on all types of support, whether copper, radio, fiber or satellite, and in all modalities, fixed, portable or mobile ”.
The global license awarded to Orange was created in April 2023 as part of the policy of total liberalization of the new information and communication technologies sector implemented by the Malagasy government. The initiative aims in particular to remove barriers and encourage investments in all segments of the sector. It also aims to promote better competition and reduce consumer prices.
The acquisition of Orange’s global license broadens its scope and gives it more means to strengthen its competitiveness. This should facilitate modernization, improvement of network quality and coverage, without forgetting the deployment of new services. This should also ensure an increase in revenue.
Source: Agency EcoFin
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