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Sotelma

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Société des télécommunications au Mali
Sotelma
IndustryTelecommunications
Headquarters,
Mali
OwnerMaroc Telecom (51%)

Sotelma is a private telecommunications company in Mali. The company is based in Bamako. Sotelma provides local telephony, international telephony, internet service and mobile telephone service, etc. Its mobile service subsidiary is Malitel. It is also the official registry of the .ml country code domain.

The full name of the company in the French language is Société des télécommunications au Mali.

In 2008, it was announced the government of Mali would privatise Sotelma to an unnamed private party. The company would be divided with 51% going to a single private investor, 20% retained by the government, 10% going to employees, and 19% sold by public offer.[1] Privatization was finalized in 2010.[2]

On 13 July 2009, 51% of Sotelma's shares were acquired by Maroc Telecom.[3]

As of 2002, Sotelma had a total worth of 43,817 billion CFA francs, over 1300 staff, operated 1100 km of fibre optic transmission line, 9 DOMSAT relay stations, 19 VSAT stations, 110000 telephone subscriber lines and 5241 public phones.[4]

References

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  1. ^ Mali - Sotelma to be privatized Archived 2012-03-03 at the Wayback Machine International Telecommunication Union, 13 July 2008
  2. ^ Sotelma - IMF Mission International Monetary Fund, 13 April 2010
  3. ^ "Annual Financial Report and Audited Consolidated Financial Statements for the year ended December 31, 2009" (PDF). Vivendi. p. 7. Archived from the original (pdf) on 2013-01-16.
  4. ^ Official Sotelma site: Chiffres clés Archived 2007-08-14 at archive.today 2002-03-23
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