Tanzania: TTCL increases its services to increase its revenues

By Rosemary Mirondo

Dar es Salaam – The Tanzania Telecommunication Corporation (TTCL) said it was considering selling telecommunication services through its fiber-optic network aimed at increasing revenues. The goal is to ensure that the company earns enough revenue, not only to facilitate operations, but also to give dividends to the government, which is the company's largest shareholder.

Waziri Kindamba, general manager of TTCL Corporation to increase the dividends paid to the government by 2.7 billion shillings for this year against 1.5 billion shillings paid to the government for the 2016/17 financial year .

"This year, we paid 1.5 billion shillings to the government" We plan to pay between 2.5 billion shillings and 2.7 billion shillings next year, "said Mr. Kindamba

The 2016/17 dividend was part of the profit of 28.5 billion shillings after tax, with an income of Sh217

The company stated that this decision was in line with the government's efforts to improve the social services in the country, since the money could be used to build hospitals, schools and laboratories

including, he explained that the TTCL has more sources of income which it will use effectively to increase the scope of revenues.

Among the areas, the company is the guardian of the national fiber optic network as well as the data center.

With these facilities, the company can not wait to sell telecommunication services to neighboring landlocked countries in Rwanda and Burundi, thereby increasing its incomes. "We continued to strengthen our revenue collection capacity," he said.

Furthermore, Mr. Kindamba revealed that he wanted to register at least 200,000 new customers this year as part of the company's growth. corporation emerged as winner of the Telecommunications category at the 42nd edition of the Dar es Salaam International Fair (DITF)