MIC Tanzania Limited - History

History

MIC Tanzania Limited (tiGO) was found on November 30, 1993. This corporation was a joint venture between Millicom International Cellular based in Luxembourg, Ultimate Communications Limited of Tanzania and Tanzania Posts and Telecommunications Corporation. In this venture, 27.7% of the issued share capital were alloted to the Ultimate Communications Limited and Tanzania Posts and Telecommunications Corporation.

In 1993, there was liberalization of telecommunication sector in the country which result into dissolution of Tanzania Posts and Telecommunications Corporation (TPTC) in early 1994. Its shares ware then transferred to Tanzania Telecommunications Company Limited. Further steps towards full liberalization of the market causes the privatization of TTCL on February 23, 2001 and its shares were transferred to the Tanzanian Government.

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