Vodacom Tanzania Plans $100 Million Expansion in Rural Areas
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Vodacom Tanzania Ltd., the country’s biggest mobile operator, will spend 200 billion shillings ($100 million) expanding its network this year to tap market potential in rural areas and add mobile-money subscribers.
The company, which belongs to a South African unit of Newbury, England-based Vodafone Plc, plans to work with rival operators to provide access to more remote areas hampered by a lack of electricity and roads, said Georgia Mutagahywa, head of corporate affairs. The company wants to increase the number of customers for its mobile money-transfer service, known as M-Pesa, by 25 percent by the end of this year, she said.