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Browsing: Tanzania Communication Regulatory Authority (TCRA)
- In 2023, Tanzania’s telecommunication sector earned approximately US$2.2 billion.
- The TCRA reports that the telecom sector is growing at a Compound Annual Growth Rate (CAGR) of more than 4 per cent.
- Mobile money subscriptions in Tanzania reached 44.35 million subscribers last year.
Tanzania’s telecommunication sector growth
The total service revenue of Tanzania’s telecom sector reached US$2.2 billion in 2023, and the market is projected to grow at a Compound Annual Growth Rate (CAGR) of more than 4 per cent until 2028, according to global data.
A report titled “Tanzania Telecom Services Market Overview” attributes the sector’s performance to the increasing contributions from mobile data and fixed broadband service segments.
The report also notes that initiatives such as the Digital Tanzania Initiative, aimed at achieving 80 per cent broadband penetration by 2025 in partnership with the World Bank and mobile operators, and the adoption of 5G services will drive the market …
