YAS Tanzania
Overview
Yas (Formally Tigo) is a telecommunication company in Tanzania. With over 13.5 million registered subscribers to its network, Yas directly and indirectly employs over 300,000 Tanzanians, including an extended network of customer service representatives, mobile money merchants, sales agents, and distributors.
Yas is the biggest commercial brand of Axian Telecom, a pan-Afriacan company trading in 5 countries with commercial operations in Madagascar, Comoros, Senegal, Togo and Tanzania.
In 1993, there was liberalization of telecommunication sector in the country which resulted in the dissolution of Tanzania Posts and Telecommunications Corporation (TPTC) in early 1994. MIC Tanzania Limited was granted a licence on November 30, 1993.
The corporation was a joint venture between Millicom International Cellular based in Luxembourg, Ultimate Communications Limited of Tanzania and Tanzania Posts and Telecommunications Corporation Bibi. In this venture, 27.7% of the issued share capital was allotted to the Ultimate Communications Limited and Tanzania Posts and Telecommunications Corporation.