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May 1, 1997updated 05 Sep 2016 12:41pm

TANZANIA PLANS TELECOMS PRIVATIZATION

By CBR Staff Writer

Tanzania’s state-owned telecoms monopoly the Tanzanian Telecommunications Company Limited (TTCL) will be privatized, probably within 12 months, despite opposition from its management, government officials told Reuters. Recent meetings to discuss the privatization of TTCL involved the state-owned Tanzania Communications Commission and the ministry of communications and transport. The final decision on a timetable rested with communications minister William Kusila. However, senior government officials said TTCL’s management was strongly resisting moves to sell-off the company. The officials said government aid from Canada, Britain, Japan and Sweden – aimed at rehabilitating Tanzania’s dilapidated communications sector – had encouraged TTCL’s board to try to go it alone. TTCL officials declined to comment.

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