Mascom

Mascom
Company typePrivate
Industry
FoundedFebruary 17, 1998; 26 years ago (1998-02-17)
FounderStrive Masiyiwa
Headquarters,
Area served
Botswana
Key people
  • Dzene Makhwade-Seboni (CEO)
  • Tobokani Rari (chairman)
  • Lilly Sullivan (CIO)
Products
Owner
Websitemascom.bw

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.[citation needed]

See also

References

  1. ^ MGUNI, MBONGENI. "Mmegi Online :: Intrigues build in Mascom takeover". Mmegi Online. Retrieved 8 February 2021.
  2. ^ "About Mascom Wirelesss – Mascom | Number 1 Because of you". Retrieved 8 February 2021.
  3. ^ Mascom Wireless Botswana (Pty) Ltd.[permanent dead link], International Telecommunications Union, retrieved 5 July 2014
  4. ^ Company Overview of Mascom Wireless Botswana (Proprietary) Limited, Bloomberg Businessweek, retrieved 5 July 2014
  5. ^ Nsehe, Mfonobong. "Zimbabwe's Richest Man Strive Masiyiwa To Take Botswana Mobile Operator, Mascom, Public". Forbes. Retrieved 18 August 2020.
  6. ^ Gabotlale, Bester. "Botswana: Over 60 Percent of Mascom Now Citizen Owned". All Africa. Retrieved 5 July 2014.
  7. ^ "Sale of PT'S Stake in Mascom". telecom.pt. Archived from the original on 7 July 2014. Retrieved 5 July 2014.
  8. ^ Chirara, Roadwin (27 October 2005). "MTN acquires major stake in Mascom". The Standard. Retrieved 23 July 2020.
  9. ^ Prikhodko, Anastasia (7 May 2020). "Dzene Makhwade-Seboni, CEO of Mascom Wireless". The CEO Magazine. Retrieved 23 July 2020.
  10. ^ "About Mascom Wirelesss – Mascom | Number 1 Because of you". Retrieved 25 May 2020.