Axian Telecom
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| Company type | Private |
|---|---|
| Industry | Telecommunications, Media |
| Founded | 20 June 2003 |
| Headquarters | Ebène, Mauritius |
Area served | Africa |
Key people |
|
| Products | Mobile, broadband, Mobile Financial Services |
| Revenue |  US$1.1 billion (2023)[1] |
| US$232 million (2023)[1] | |
 US$55 million (2023)[1] | |
| Total assets | US$3.2 billion (2023)[1] |
| Total equity | US$305 million (2023)[1] |
| Owner | Axian Group Ltd (100%)[1] |
| Website | www |
Axian Telecom is an investment holding company primarily in entities operating in the telecommunications services, ICT infrastructure and mobile money services accross Africa sector.[1] The company was founded in 2003 and maintains its headquarters the Standard Chartered Tower, 10th Floor, 19 Cybercity, Ebène, Mauritius.[1]
Subsidiaries and investments
[edit]The companies that compose the Axian Telecom include, but are not limited, to the following:[1]
- MIC Tanzania Limited (trading as "Yas") – Dar es Salaam, Tanzania – 78.4% Shareholding – A telecommunication company in Tanzania. Acquired in 2022[2]
- Telecom Reunion Mayotte – Réunion , France – 50% Shareholding – A telecommunication company operating in Reunion and Mayotte.
- Telecom Malagasy SA (Telma) – Antananarivo, Madagascar – 80.8% Shareholding –
- Togo Telecom – – 51% Shareholding –
- Towerco of Africa Ltd – Ebène, Mauritius – 100% Shareholding – Holding company for the Towerco subsidiaries. These subsidiaries construct and operate of telecommunication infrastructures such as base station towers.
- Towerco of Africa DRC – Kinshasa, DR Congo – 70% Shareholding
- TowerCo of Africa Uganda Limited – Kampala, Uganda– 90% Shareholding – Formally known as Ubuntu Towers.[3] Acquired in 2021.
- Towerco of Africa Madagascar – Antananarivo, Madagascar – 99.7% Shareholding
- Towerco of Africa Tanzania Ltd – Dar es Salaam, Tanzania – 80% Shareholding
- Stellar-IX Data Centers – Ebène, Mauritius – 100% Shareholding – Holding company for the Stellar-IX companies. These subsidiaries provide Data center services.
- Stellar-IX Tanzania – Dar es Salaam, Tanzania – 80% Shareholding
- Stellar IX Madagascar – Antananarivo, Madagascar – 100% Shareholding
- Zanzibar Telecom Limited (trading as "Zantel") – Zanzibar, Tanzania – 78.4% Shareholding – A telecommunication company in Tanzania. Acquired in 2022[2]
- BNI Madagascar Indian Ocean – Antananarivo, Madagascar – 33.1% Shareholding – A commercial bank operating in Madagascar.
Ownership
[edit]Axian Telecom is a wholly owned subsidiary of Axian Group Limited. Which is in turn owned by Hassanein Hiridjee, a Malagasy born, French entrepreneur of Khoja decent.[4][5]
Governance
[edit]The seven-member board of directors is chaired by Hassanein Hiridjee. Hussan Jaber, serves as the CEO.[6]
See also
[edit]References
[edit]- ^ a b c d e f g h i "Axian Telecom Consolidated And Separate Financial Statements For The Year Ended 31 December 2023" (PDF). 31 December 2023. Retrieved 1 December 2024.
- ^ a b "Millicom completes move out of Africa as it sells Tigo Tanzania and Zantel". Capacity Media. 2021-04-19. Retrieved 2022-03-30.
- ^ O'Grady, Vaughan (24 July 2023). "Ubuntu Towers Uganda is now TowerCo of Africa Uganda". Retrieved 3 December 2024.
- ^ "HASSANEIN HIRIDJEE". Khoja Business Forum. June 25, 2018. Retrieved 2023-06-12.
- ^ "Ten Multi-Millionaires From Madagascar You Should Know". Forbes. Retrieved 2023-06-12.
- ^ "Axian Telecom Investor Presentation - December 2023" (PDF). 31 December 2023. Retrieved 1 December 2024.
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