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Moov Africa Tchad

Moov Africa Tchad

TelecomNo. 5 in ChadChad
Founded
2005
Headquarters
N'Djamena, Chad
Ticker
n/a
Sector
Telecom

Stock performance

This company has no listed ticker in our data, so there is no price chart.

History

Moov Africa Tchad began operating in 2005 and long traded as Tigo, the brand of Luxembourg-based Millicom. Morocco's Maroc Telecom bought the business in 2019 and rebranded it under its Moov Africa banner.

Business model

The company provides mobile voice and data services and mobile money, and has been investing in 4G coverage.

Market position

Moov Africa Tchad is Chad's second mobile operator, behind Airtel Tchad.

Country impact

Its acquisition by Maroc Telecom extended Morocco's telecom footprint into Central Africa, part of a wider strategy of Moroccan economic expansion south of the Sahara.