 PROFILE |
 A YOUNG AND DYNAMIC COMPANY- A SECTOR IN FULL EXPANSION. |
On December 31st 1999, at the end of two years of existence, LOTENY TELECOM or TELECEL Côte d'Ivoire or TELECEL DE LOTENY has reached a certain reputation that makes of it a well known and respected company within the Ivorian economic landscape.
Earnestly requested everywhere, it eagerly takes part, with about 79 staff hirings during 1998, in the economic development of Côte d'Ivoire .
With the present technical revolution and the frantic development of new services (Internet, satellite communicaton), competition will be severe in the years to come.
Moreover, LOTENY TELECOM has to run a debt of nearly 4 billion fcfa (circa USD 6 million) in order to finance its development. So the company is to face important repayments in the years to come.
Therefore it's necessary for TELECEL DE LOTENY to consolidate this growth through:
Implementing rigorous and efficient management procedures.
Reinforcing its marketing department for we are convinced that based on equal technical merit, image and communication will be a decisive factor in the years to come.
The stabilisation of its young and qualified staff, by implementing a human ressources policy concerned about promoting its staff development.
| LOTENY TELECOM |
On 27 march 1996, a public company called LOTENY TELECOM was born in Abidjan. This company is Côte d'Ivoire incorporated with a capital of CFA F 200 000 000, a product of the association between many partners:
- The " ACCESS TELECOM " group holding 20.9% and leader of radiopaging in West Africa with a branch in Dakar, Sénégal and in Abidjan, Côte d'Ivoire, |
- The " TELECEL INTERNATIONAL " group holding 50.1% and specialised in cellular telephone business in African and operating in twelve African countries,
-The " LOTENY ELECTRONIC " group holding 29% with a good knowledge of telecommunication technology and the socio-political environment in Côte d'Ivoire.
This capital after subsequent increases was upgraded to CFA F 2 500 000 and later CFA F 2 865 000 000 fully paid with albeit a new breakdown:
-12% ACCESS TELECOM SENEGAL, company specialised in radiopaging in Sénégal,
-8% ACCESS TELECOM Côte d'Ivoire, company specialised in radiopaging in Côte d'Ivoire and internet access provider since january 98,
-52% ACCESS TELECOM INTERNATIONAL, company with cognate experience in cellular telephone business in Africa,
-28% Private investors with good technical expertise in Telecommunications world-wide and the socio-political environment in Côte d'Ivoire.
In view of these diversified and complementary string of competence, LOTENY TELECOM referred to as TELECEL DE LOTENY witnessed highly remarkable expansion since its incorporation.
The company is positioned today as the leader or joint leader with SIM in terms of cellular telephone in Côte d'Ivoire and this was possible in spite of start-up problems.
To date, the cellular phone market in Côte d'Ivoire represent about 110 000 subscribers. The market is broken down as follows:
-48% for LOTENY TELECOM,
-48% for IVOIRIS,
-04% for COMSTAR.
Comparatively, in Côte d'Ivoire the land telephone market accounts for about 140 000 subscribers. |
