Title
Performance of Telecoms Industry in the Wake of Liberalisation:: The case of Tanzania Telecommunications Company Limited,Used
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Tanzania embarked on a liberalisation program of its different sectors including telecommunication industry in mid 1990s. The Government of the United Republic of Tanzania undertook a US$250 million Telecommunication Restructuring Program with assistance from the World Bank and other international donors to revamp the telecommunication infrastructure and restructuring of the company. The decision to privatise state owned telecom company was based on the goal to improve its quality and quantity of services by way of private investor. The company was sold to the highest bidder for US$120 million whereby the company was handed over after the said investor paid US$60 million and made a guarantee for the remaining balance upon verification of companys year 2000 financial statement. This book highlights the expectations of the privatisation and lessons learned from the aftermath failure of the company's performance and recommendations for the regulatory framework and company.
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