Axian Telecom is a group operating in the telecommunications services, ICT infrastructure and mobile money services across Africa and the Indian ocean.[1] The group started its activities in 2003 and maintains its headquarters in Mauritius and Dubai.[1] AXIAN Telecom was ranked 74th on the Financial Times' 2025 list of Africa's fastest growing companies in Africa[2]. Currently, AXIAN Telecom and its operations are active across eleven markets: Tanzania, Madagascar, Togo, Uganda, Senegal, Comoros, the Democratic Republic of the Congo, Reunion, Mayotte, Kenya and Malawi.
In 2004, AXIAN Telecom, acquired 68% in them Télécom Malagasy, rebranded Telma in 2006 and became Yas Madagascar in 2024.
Subsidiaries and investments
The companies that compose the Axian Telecom include, but are not limited, to the following:[1]
Free Sénégal (trading as "Yas Sénégal") – Dakar, Senegal – 78.4% Shareholding – A telecommunication company in Senegal. Acquired in 2020.[3]
STELLAR-IX Data Centers – Ebène, Mauritius – 100% Shareholding – Holding company for the STELLAR-IX companies. These subsidiaries provide Data center services.
STELLAR-IX Tanzania – Dar es Salaam, Tanzania – 80% Shareholding
Telecom Comores – Moroni, Comoros – 43.3% Shareholding – A telecom operator in Comoros. Acquired in 2016.
Telecom Malagasy SA (Telma) – Antananarivo, Madagascar – 80.8% Shareholding – A telecom operator in Madagascar. Acquired in 2005.
Telecom Reunion Mayotte – Réunion, France – 50% Shareholding – A telecommunication company operating in Reunion and Mayotte. Acquired in 2015
Togo Telecom – Lomé, Togo – 51% Shareholding – A telecom operator in Togo. Acquired in 2019.
Towerco of Africa Ltd – Ebène, Mauritius – 100% Shareholding – Holding company for the Towerco subsidiaries. These subsidiaries construct and operate of telecommunication infrastructures such as base station towers.
TowerCo of Africa Uganda Limited – Kampala, Uganda– 90% Shareholding – Formally known as Ubuntu Towers.[2] Acquired in 2021.
Towerco of Africa Madagascar – Antananarivo, Madagascar – 99.7% Shareholding.
Towerco of Africa Tanzania Ltd – Dar es Salaam, Tanzania – 80% Shareholding.
Yas Tanzania (officially known as MIC Tanzania Limited) – Dar es Salaam, Tanzania – 78.4% Shareholding – A telecommunication company in Tanzania. Acquired in 2022 after a treaty with Millicom International Cellular (Tigo).[4]
Zanzibar Telecom Limited (trading as "Zantel") – Dar es Salaam, Tanzania – 78.4% Shareholding – A telecommunication company in Tanzania. Acquired in 2022[4]
BNI Madagascar Indian Ocean – Antananarivo, Madagascar – 33.1% Shareholding – A commercial bank operating in Madagascar. The investment was as a result of a joint venture with Mauritius based Ciel.[5]
Ownership
Axian Telecom is a wholly owned subsidiary of Axian Group Limited. Axian Group, present in 32 countries and territories of the Indian Ocean and Africa, notably through its direct investments. It operates in five sectors of activity i.e. real estate, telecommunications, finance, energy and innovation.[6] Axian Group is wholly owned by Hassanein Hiridjee, a Malagasy born, French entrepreneur of Khoja decent.[7][8]
Governance
The seven-member board of directors is chaired by Hassanein Hiridjee. Hussan Jaber, serves as the CEO.[9]
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US$1.1 billion (2023) [1] 
US$55 million (2023) [1] 