MT Seeks Expansion Into Africa

Mauritius Telecom Ltd., the state-owned telecommunications operator, is exploring expansion opportunities beyond its home market in Mauritius.

The company is actively considering potential acquisitions in various African countries, including Seychelles, Madagascar, Congo Brazzaville, and Ghana.

CEO Kapil Reesaul revealed this strategic initiative, emphasising that the expansion might not be limited to mobile communications and could involve other telecommunications sectors.

Additionally, Mauritius Telecom plans to extend its submarine fiberoptic cable connections to India and Singapore.

Source: Bloomberg