Société des Télécommunications du Mali
Type: | Private |
Industry: | Telecommunications,Registry |
Founded: | 1989 |
Ownership: | The Moroccan telecommunications group (2008) |
Headquarters: | Society of Mali's Telecommunications BP: 740 Bamako, Mali |
Country: | Mali |
Businesses: | Malitel |
Employees: | 1300 (2002) |
Revenue: | MAD 17 million (2010), MAD 112 million (March 2011) |
Website: | malitel |
Facebook: | Sotelma |
Key People | |
Aboubacar Cisse,Technical contact Noureddine Boumzebra, Director General |
Sotelma is Mali-based telecommunication company. It provides local, international and mobile telephone services as well as internet services. It is the official ICANN accredited registrar for .ml domain names.[1] As a mobile operator Sotelma is the second largest in the area, ikatel being the first.[2] Sotelma has 70,000 GSM subscribers, 60,000 of which are pre-paid.[3]
The Moroccan telecommunications group bought 51% shares of Sotelma for 275 million euros in 2008.[4]
Privatization
Its privatization started in 2008 by the government of Mali. The shares are divided as:
- 51% for The Moroccan telecommunications group.[5]
- 20% retained by the government.
- 10% for employees.
- 19% sold by public offer.[6]