Telma
Founded
n/a
Headquarters
Antananarivo, Madagascar
Ticker
n/a
Sector
Telecom
Stock performance
This company has no listed ticker in our data, so there is no price chart.
History
Telma is the former state telecom operator Telecom Malagasy, which was privatized in 2004 and is now part of Axian, a group controlled by Malagasy businessman Hassanein Hiridjee with operations across Africa and the Indian Ocean.
Business model
Telma provides mobile, fixed-line, and broadband services, and its MVola mobile-money service is one of the main ways people in Madagascar send and receive money.
Market position
Telma is Madagascar's largest telecom operator, competing with Orange Madagascar and Airtel.
Country impact
Telma's network and MVola give millions of Malagasy people access to communications and basic financial services in a country with very low bank-account ownership.