Currently considered to be one of the jewels of the West African telecom market, the National Telecommunications Company of Senegal (Sonatel) is once again in conquest mode. Present in four markets in the sub-region since 2016, the subsidiary of the French multinational Orange is strengthening not only in broadband connectivity but also experimenting with new modes...
Over the years, the Senegalese telecoms regulator has made the quality of telecom services a fundamental concern. Mobile number portability, introduced in 2015, marked a turning point in this fight. Returned to the spotlight in October 2020, it is now attracting special attention from the regulator. Senegal’s National Telecommunications Company (Sonatel) received a formal notice from the...
Senegal’s largest telecommunications operator Sonatel has emerged as one of the latest operators in Africa to test 5G and has announced a partnership with Huawei to introduce the service. At a 5G testing event, hosted recently held in the country’s capital city of Dakar, the operator presented findings to the country’s President Macky Sall. Sekou...
While in June 2020, it completed a loan of 100 billion FCFA to support its investments, the telecoms group Sonatel found itself with 38 billion FCFA in more cash, due to a drop in its capital expenditure. Over the first 9 months of 2020, the telecoms operator Sonatel managed to increase its cash reserves by...
Senegal’s incumbent operator Sonatel has announced the successful early completion of its XOF100 billion (USD173 million) bond issue. The company revealed that the seven-year loan offering a gross interest rate of 6.50% per year, the largest bond issue to date by a private company in the region, was oversubscribed by more than 120%, with 39%...
Private Infrastructure Development Group (PIDG) company, the Emerging Africa Infrastructure Fund (EAIF/the Fund) plans to invest up to US$50-million in a bond issue with the objective to raise US$170-million for investment in Senegal-based telecommunications services provider Sonatel S.A. According to a statement released to the media, Sonatel’s bond, launched on 15 June 2020, will have...
The National Telecommunications Company (Sonatel) of Senegal, a subsidiary of the French telecoms group Orange, recorded revenue of 1,086.6 billion FCFA in 2019, up by 64.6 billion FCFA compared to to 2018. Despite a tense business environment in these different markets – political and economic crisis in Bissau, precarious security context in northern Mali, political...
