History
Celtel Tanzania came into existence in the country as the result of partial privatization of TTCL on February 23, 2001. This was one of the first steps towards full liberalization of the market. In the aftermath, CelTel International, at that time MSI, which has its headquarters in Amsterdam, Netherlands, together with Detecon from Germany, obtained 35% shares from the Government of Tanzania. Thus, the consortium (Celtel International and Detecon ) took over Board and Management control of TTCL and thus made it essentially an autonomous company. Celtel is currently owned by sub group originating from UAE.
Read more about this topic: Celtel Tanzania
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