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Burundi

http://bi.smarteastafrica.com

Lacell Ltd. had started in 2010 as the 5th mobile operator in Burundi. Lacell which uses the brand name “Smart Mobile” has extended its investments to 125 cell sites that made it the fastest growing mobile operator and most accessible to people living in the remotest areas in Burundi.

In 2013, Smart has re-launched its mobile network services under the unified Smart brand shared with its new sister east African ‘Smart’ operators in Uganda and Tanzania.

Macroeconomic Conditions
  • Having achieved ceasefire with the last rebel group in 2006, Burundi is projected to recover at the 5.7% average growth rate, above the Africa average growth
  • Improvements of efficiencies in agriculture, and recovery of the mining sector are expected to allow for the stabilization and growth of the Burundi economy
  • Population of 7.9 m in 2008 is expected to grow to 9 m while GDP per capita of $389 as of 2008 is expected to increase to $476 in 2014
Telecom Market Overview
  • Supported by stabilization of economic, and socio-political conditions, Burundi’s telecom market is projected to expand at ~26% p.a. in 2009-2014, with the subscriber base increase by four times
  • The penetration and subscriber base are expected to expand in multiple times in 2009-2014 as the economic, political and social environments recover
  • Six players are expected to share the market in the long term, with U-Com retaining the leading position

Our Companies

Burundi

Cambodia

http://www.smart.com.kh

Latelz Co. Ltd. “Smart Mobile” became Cambodia’s eighth mobile operator when it launched commercial GSM services in Phnom Penh and Siem Riep in March 2009. It is a subsidiary of Cyprus-based Timeturns Holdings.

In 2011, the telecoms group TeliaSonera merged its Cambodian mobile subsidiary Applifone’s operations with those of Smart Mobile. The new company has operated under the Smart Mobile brand.

Late 2013, Hello Axiata merged with Smart/Latelz to form a refreshed Smart Mobile. Importantly, the new, combined Smart emerged as the second largest of mobile operators, not far behind the market leader Viettel’s Metfone.

Smart Axiata has been awarded as Asia Pacific Emerging Market Telecom Service Provider of the Year 2015 by Frost & Sullivan.

Macroeconomic Conditions
  • Population (2007 est.): 13,996,000.
  • Capital--Phnom Penh (pop. 1.2 m)
  • Avg. pop. annual growth rate (2007 est.): 1.72%.
  • GDP (2006 est.): $6.6 billion.
  • Annual growth rate (2006): 10.5% (since 2004, the economy’s growth rate has averaged over 10%)
  • Per capita GDP (2005): $448.
  • Exchange rate (2006):
  • 4,114 riel per U.S. $1.
  • Inflation (2006): 5%.
  • 50% of the population is under 20 years of age
Telecom Market Overview
  • Three GSM operators currently rendering services on commercial basis
  • GSM penetration as of end Q2_2007 was 14.2%
  • Market potential by 2012 is estimated - 40% penetration
  • Saturation level – 55%

Our Companies

Latelz Co. Ltd
Cambodia

DRC

In november, 2014, the sixth mobile operator in the Democratic Republic of Congo, Yozma Time Turns has launched its test phase of the network. The operation has materialized through the first phone call on the network, issued by MP Jean-Lucien Busa and the Director General of the National Agency for Investment Promotion (ANAPI), Matthias Bwabwa wa Kayembe.

In the coming months, the plans are to proceed with the strengthening of the network so that once open to the public, it is reliable and of high quality. Time Turns Yozma will also conduct its extension outside Kinshasa, the capital, where about fifty towers are being installed.

Macroeconomic Conditions
  • One of the richest countries in terms of natural resources, DRC is set for recovery as gas, diamond and other mining sectors pick up
  • DRC provides opportunity for scalable growth as the population of 62.9 million drives the economic and social recovery
Telecom Market Overview
  • Subscriber additions are projected to equal ~22.3 million in 2009-2014, a 22% growth p.a. The growth can be projected beyond this period, as the penetration in 2014 is estimated at 43%
  • Zain DRC, Vodacom Congo and Oasis Telecom are expected to dominate the market in the long term
  • The remaining four operators may struggle to maintain their positions and therefore may pursue partnership arrangements internally and internationally
  • Despite the decreases in EBITDA margins and ARPU in 2008-2009, the DRC market remains attractive for the scalable growth prospects

Our Companies

  • Yozma Timeturns LTD
DRC

Nepal

http://www.ncell.com.np/Home

“Ncell Pvt. Ltd. has been working in Nepal since 2004 as the first private mobile operator in the country.”

Spice Nepal launched services on 17 September 2005 in Kathmandu and its environs, having awarded Siemens a USD29 million contract the previous month to build a nationwide GSM network with capacity for up to a million users over a period of two and a half years. By the end of 2009 the cellco has amassed more than 2.2 million subscribers. In 2008, Spice Nepal was taken over by the European giant TeliaSonera and dropped its “Mero Mobile” brand name in favor of the moniker “Ncell” (‘N’ standing for Nepal).

Macroeconomic Conditions
  • Population (2007 est.): 28,901,790.
  • Capital – Kathmandu (3 districts) (pop. 2.2 million est.).
  • Avg. pop. annual growth rate (2007 est.): 2.132%.
  • GDP (2005/2006): $7.7 billion.
  • GDP (PPP): $41.18 billion.
  • Annual growth rate of real GDP (FY 2005/2006): 2.38%.
  • Per capita income (gross national product, FY 2005/2006): $322.
  • Per capita GDP - $1,500 using purchasing power parity.
  • Inflation rate (2006): 8.6%.
  • Unemployement rate – 42%
  • Labor Force – 11,1 million
Telecom Market Overview
  • Two GSM operators currently rendering services on commercial basis
  • GSM penetration as of end Q2_2007 was 4.7% only (source Wireless Intelligence)
  • Market potential by 2012 is estimated - 29% penetration
  • Saturation level – 67%

Our Companies

NCell (Spice Nepal)
Nepal

Sierra Leone

www.smart.sl

InterGroup Telecom SL, Timeturns’ subsidiary in Sierra Leone, belatedly launched its commercial mobile network services under the Smart Mobile brand in 2013. Smart Mobile (Sierra Leone) switched on services in the capital Freetown on 28 March at its new office headquarters. The launch was preceded with a ‘teaser’ campaign featuring the operator’s yellow branding colour. Alhaji Ibrahim Ben Kargbo, made the first video call through the Smart Mobile network to President Koroma, adding that Smart Mobile holds licences to operate 3G, GSM-900/1800 and WiMAX networks.

Macroeconomic Conditions
  • Having improved internal security recently, Sierra Leone is set for economic recovery as investors seek to explore the country’s diamond, gold, bauxite deposits and forestry wealth
  • Sierra Leone’s GDP / Capita is projected to grow by 7.1% p.a. until 2014. This is driven by international financing attracted to the mining industry
  • Economic recovery and socio-political improvements provide grounds for stable operations.
Telecom Market Overview
  • Subscriber additions are projected at ~0.7 million in 2009-2014, a 9% increase. The market may expand after 2014 as ~50% headroom in penetration remains
  • The market is shared among seven operators with Comium, Africell and Zain maintaining >90% of subscribers
  • Competition is intense among top three players, while small operators have only marginal impact on the market dynamics

Our Companies

Sierra Leone

Tanzania

http://tz.smarteastafrica.com/about-us/

Benson Informatics Ltd was founded in 2002 as ISP and CDMA operator. After getting its GSM license in 2009, Benson has launched its 1st GSM call in 2011.

In 2013, Timeturns has entered into a joint venture with Industrial Promotion Services (IPS), the Kenyan-based infrastructure and industrial development arm of the Aga Khan Fund for Economic Development (AKFED) and has officially announced the launch of a mobile network operating subsidiary under the name of “Smart Tanzania”. The launch coincides with the introduction of a sister company, also called Smart Telecom, in neighboring Uganda, which was revealed in the same time. AKFED is also launching the new Smart Telecom brand in Burundi, and has earmarked investment of USD300 million across the three East African markets, offering mobile voice and internet services, with the stated aim to bring ‘improved service, value and coverage’ to all three countries.

Macroeconomic Conditions
  • Tanzania, the country with exceptional recovery, has recently taken steps to attract foreign investments, liberalize the economy, and reduce state intervention
  • Tanzania is attractive for it’s large population and for the 8% growth projections in the economy. These growth is supported by investments in mining, financial services and industry
Telecom Market Overview
  • Tanzania is projected to add ~21.3 million customers in 2009-2014. Penetration of 76% in 2014 implies that opportunities for growth will remain substantial
  • The market is highly segmented as eight operators share the subscriber base. Tritel, the ninth player, maintains the license
  • Tanzania is also one of the most competitive markets, with Vodacom, Zain and Tigo capturing >90% of subscribers

Our Companies

Tanzania

Uganda

http://ug.smarteastafrica.com/

Suretelcom Ltd. has launched its services in Uganda by the end of 2011.

In 2014 “Smart” the brand was already under the Industrial Promotion Services (IPS) Kenya. With this launch AKFED is to expand its unique and proven social enterprise business model into Burundi, Tanzania and Uganda with a focus on innovation and customer service.

Macroeconomic Conditions
  • Rich in natural resources, Uganda has recovered relatively since stability and peace were achieved in 1986. Further funding from donors is aimed to support the growth
  • With population of 32 million, Uganda is attractive for market potential and growth, and a relatively assured stabilization in the socio-political environment
Telecom Market Overview
  • Uganda, on of the fastest growing markets in Africa, is projected to increase subscriber base by ~20.1 million people in 2009-2014 (the annual growth of 22%)
  • The market is highly segmented as eight operators share the subscriber base. MTN, Zain, Uganda Telecom and Warid share the market currently. Small operators are projected to capture ~13% of subscribers by 2014

Our Companies

Uganda