Tanzania: We Are Far Away From Bankruptcy, Says TTCL

Beijing — TANZANIA Telecommunications Company Limited (TTCL) said on Thursday it is far away from insolvency because its main business is expected to increase by 50 per cent this year.

TTCL's main business is networking firms via broadband, internet bandwidth and wholesale administration and said it has so far signed projects worth 15bn/- this year. Last year it had projects worth 10bn/-.

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