Axian Telecom Infrastructure Investments Boost Connectivity

Axian Telecom has made significant investments in telecom infrastructure, which has greatly improved connectivity in the region.

These investments have led to a substantial increase in internet penetration, with a notable rise in the number of households with access to broadband services.

Axian Telecom's infrastructure upgrades have also enabled faster data speeds, making it easier for people to stay connected and access online services.

As a result, businesses and individuals alike have seen a significant boost in productivity and efficiency.

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Axian Telecom is a leading telecommunications company in the region, founded in 2000 with a mission to provide innovative and reliable communication solutions to its customers.

Axian Telecom's headquarters is located in Beirut, Lebanon, serving a diverse range of markets across the Middle East and Africa.

The company has a strong presence in the telecommunications market, with a network of over 1 million subscribers across its operating countries.

Axian Telecom's commitment to innovation is evident in its cutting-edge technology and services, including mobile and fixed-line telephony, internet, and data solutions.

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Axian Telecom's team of experts works tirelessly to ensure that customers receive the best possible service, with a focus on quality, reliability, and customer satisfaction.

Axian Telecom has a strong reputation for delivering high-quality services, with a customer satisfaction rate of over 90% across its operating countries.

Axian Telecom's vision is to be the leading telecommunications company in the region, providing innovative and reliable communication solutions to its customers.

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Axian Telecom has been making significant investments in telecoms infrastructure to accelerate digitisation.

This is evident in their recent acquisition of Tigo Zantel, which has brought new opportunities for growth and expansion.

Tigo Zantel's integration into the AXIAN family has paved the way for enhanced services and improved connectivity.

Their combined efforts aim to bridge the digital divide and provide more people with access to essential services.

The launch of TELMA TV is another notable infrastructure investment, offering customers a new way to access entertainment and information.

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This innovative service is a testament to Axian Telecom's commitment to staying ahead of the curve in the ever-evolving telecoms landscape.

In addition, Axian Telecom has launched Free Mobile in Reunion island, expanding their reach and providing customers with more choices.

This move demonstrates their dedication to meeting the changing needs of their customers and staying competitive in the market.

Axian Telecom is committed to achieving development impact in the countries where it operates.

As part of this commitment, the company has pledged to report on its development outputs annually, providing a robust and transparent approach to launching and tracking sustainability initiatives.

This reporting commitment is a model for other companies to follow, helping to increase transparency around their overall strategy and contribution to development gaps.

Axian Telecom's development outputs cover vital areas for the development of targeted African countries, including.

The company's Development Impact Assessment is a key tool in measuring the impact of its overall growth strategy and tracking progress towards its development goals.

Axian Telecom has made some significant announcements in recent times. The company has partnered with several major telecom operators to expand its services.

This expansion has enabled Axian Telecom to offer its services in more countries, including Morocco and the Ivory Coast. With this move, the company is now a major player in the African telecom market.

Axian Telecom has also introduced new data plans and promotions to attract more customers. These plans offer affordable data rates and bundled services that cater to different customer needs.

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AXIAN Telecom Board Chairman Hassanein Hiridjee has announced his departure from the company to join other brands. He will be leaving behind a legacy of connecting people across Africa through AXIAN Telecom's brands.

Hiridjee stated that AXIAN Telecom has been on an incredible journey, connecting people across Africa with their brands. The business has grown and expanded, and so has their vision.

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AXIAN Telecom is bidding farewell to the brands they have grown with, making way for a new powerhouse, Yas. Yas is an African brand that unites Africa in possibilities.

AXIAN Telecom's chairman believes Yas will build on the success and legacy they have in the markets, delivering transformative and inclusive technology solutions through sustainable connections.

Latham & Watkins has advised Axian Telecom on a successful bond and bank refinancing deal.

Axian Telecom, a leading pan-African telecommunications services provider, has refinanced its existing senior notes due 2027 and other borrowings.

The refinancing deal involved an offering of US$600 million 7.25% Senior Notes due 2030.

Strong investor demand supported the notes offering, which was backed by anchor orders from several development finance institutions.

These institutions included British International Investment plc, DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, Emerging Africa & Asia Infrastructure Fund Limited, International Finance Corporation, and Société de Promotion et de Participation pour la Coopération Économique S.A.

J.P. Morgan, Standard Bank, and Standard Chartered Bank acted as initial purchasers and mandated lead arrangers on the notes offering.

The notes were rated B+ by both S&P and Fitch and were listed on The International Stock Exchange.

The Latham team was led by Dubai partners Nomaan Raja and Basil Al-Jafari, with associates David Hayward, Anna Van den Ackerveken, Lois Pickering, and Rehab Abdelwahab.

Advice on tax matters was provided by New York partner Bora Bozkurt, with associate Xinyun (Alice) Chen.

AXIAN Telecom's unified brand, Yas, is designed to better serve customers by leveraging the combined resources and assets of a strong, unified pan-African business under one brand.

The company believes that the unified brand will resonate with its wide and diverse customer base, which remains central to everything they do.

Yas brings a streamlined approach to life, mirroring similar efforts across industries, such as Nigeria's FirstBank rebranding to First Holdco earlier this month to accommodate its expanded services.