Mascom Explained

Type:Private
Founder:Strive Masiyiwa
Hq Location City:Gaborone
Hq Location Country:Botswana
Area Served:Botswana

Mascom Wireless Proprietary Limited, is a Botswana mobile telecommunications company. Its head office is in Gaborone.[1] It was established in Gaborone, Botswana on February 17, 1998.[2]

History

The company was first licensed on 17 February 1998.[3] [4] It was founded by Strive Masiyiwa.[5]

Until 2003, Portugal Telecom owned a controlling stake in the company.[6] [7] In 2005, MTN Group purchased a 44% stake in Mascom for $128 million.[8]

In 2016, Dzene Makhwade-Seboni was appointed Chief Operations Officer and became CEO of the company in 2019.[9]

It provides the widest coverage in Botswana, reaching over 95% of the population.[10]

Services

Internet

Mascom offers users mobile internet via EDGE, 3G, 4G and 4.5G, 4G wingle. Mascom also offer internet service via FTTH (Fiber To The Home). On the 25th of February 2022, Mascom has been the first mobile telecommunication to introduce 5G on four different places around Gaborone.

Gallery of the WTISD 2017 Masunga, North East District

See also

Notes and References

  1. Web site: MGUNI. MBONGENI. Mmegi Online :: Intrigues build in Mascom takeover. 2021-02-08. Mmegi Online.
  2. Web site: About Mascom Wirelesss – Mascom Number 1 Because of you. 2021-02-08. en-US.
  3. http://www.itu.int/ITU-D/membership/portal/index.asp?Name=20079, Mascom Wireless Botswana (Pty) Ltd.
  4. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=11901230 Company Overview of Mascom Wireless Botswana (Proprietary) Limited
  5. Web site: Nsehe. Mfonobong. Zimbabwe's Richest Man Strive Masiyiwa To Take Botswana Mobile Operator, Mascom, Public. 2020-08-18. Forbes. en.
  6. Web site: Gabotlale. Bester. Botswana: Over 60 Percent of Mascom Now Citizen Owned. All Africa. 5 July 2014.
  7. Web site: Sale of PT’S Stake in Mascom. telecom.pt. 5 July 2014. dead. https://archive.today/20140707105529/http://www.telecom.pt/InternetResource/PTSite/UK/Canais/Investidores/Pressrel/Noticias/arquivo/com07072003b.htm. 7 July 2014.
  8. Web site: Chirara. Roadwin. 2005-10-27. MTN acquires major stake in Mascom. 2020-07-23. The Standard. en-US.
  9. Web site: Prikhodko. Anastasia. 2020-05-07. Dzene Makhwade-Seboni, CEO of Mascom Wireless. 2020-07-23. The CEO Magazine. en-US.
  10. Web site: About Mascom Wirelesss – Mascom Number 1 Because of you. 2020-05-25. en-US.