Botswana Telecommunications Corporation Limited provides, develops, operates, and manages national and international telecommunications services in Botswana. It offers prepaid, broadband, residential postpaid, and Internet ADSL services. The company also provides abbreviated calling, alarm call, caller ID, call barring, call divert, call waiting, conference call, and time announcement services. In addition, Botswana Telecommunications Corporation Limited offers frame relay, leased line, ISDN, PABX, VSAT, toll free, contact center, IPLC, and business line solutions for small and medium enterprises, and large enterprises. Further, the company provides FutureConnect, an integrated solution for ...
Founded in 1980
Privatization Of BTC To Progress
Dec 1 14
The privatization of Botswana Telecommunications Corporation Limited (BTC) is expected to progress on December 31, 2014. 49% of BTC's shares will be offered by government in an initial public offering (IPO), of which 44% can be purchased by individual investors and local firms. Government will reserve 5% for the employees via an Employee Share Ownership Programme.
BTC's IPO In November 2014
Sep 19 14
Botswana Telecommunications Corporation Limited (BTC) will launch its IPO in November 7, 2014, government confirmed. Botswana's minister of Transport and Communications announced that the government will offer 49% of BTC's shares in IPO, financing of which will help support BTC's current network expansion plans.
Botswana Telecommunications' Privatisation Modified
Aug 19 14
The government of Botswana has passed a bill to modify the terms of the planned allocation of shares in the upcoming privatization of Botswana Telecommunications Corporation (BTC). The state is selling its 49% stake in the operator via an initial public offer (IPO), which is scheduled to take place on August 22, 2014 with the sale open only to citizens of Botswana. 5% of the sale is reserved for BTC employees, while a loophole in earlier legislation could allow non-Botswana employees to buy shares. The new amendment has fixed the loophole and only Botswana's citizens will be allowed to participate in the IPO.