Telecel Group announces the acquisition of Mattel Mauritania

Telecel CAF 10MayTunisie Telecom, BSA telecommunication and COMATEL announce the signing of an exclusive agreement with the company TELECEL Group for the sale of 100% of the shares of the company Mauritano-Tunisienne des Télécommunications (Mattel)

Mattel is a major player in the ICT sector and digital transformation in the country. As such, Mattel plays an essential role in the development of broadband in Mauritania through its 4G and fiber optic infrastructures deployed in the main cities of the country.

Mattel holds nearly 33% market share and in 21 years of existence, Mattel has constantly modernised its network thanks to the latest generation of technical equipment and the knowhow of its engineers.

Mattel offers its services throughout the country with a network of more than 120 agencies spread throughout the national territory.

Telecel is mobile operator present in Africa since 1986. The group is experiencing strong growth on the continent. It has completed four transactions since 2018. The company plans to invest more than US$700mn over the next three years, mainly in mobile operator acquisitions, fiber optic infrastructure construction and infrastructure. Thanks to its activities, Telecel Global Services, Telecel Play and Africa Startup initiative Program have become major players in the digital economy in Africa.

Mattel shareholders have declared, “After a competitive process, we are pleased to announce that Telecel Group has been selected for the sale transaction of Mattel's shares. We are satisfied with the interactions with Telecel group and remain confident for the rest of the process.”

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