Hormuud Telecom
| Private | |
| Industry | Telecommunications |
| Headquarters | Mogadishu, Somalia |
|
Key people
|
Masud Mohamed Salad (CEO |
| Products |
GSM fixed line Retail banking mobile banking |
|
Number of employees
|
+5,000 (2016) |
| Website | www |
Hormuud Telecom Somalia Inc. is a privately held telecommunications company based in Mogadishu, Somalia.
Hormuud Telecom was established in April 2002 in Mogadishu, the capital city of Somalia. It currently has 5000 permanent employees and a varying number of temporary staff.
The company provides mobile service (GSM), landlines and mobile linked internet services (such as Mifi4G, Adsl,W-dsl and Hotspot).
More than 9,000 Somali investors have shares in Hormuud Telecom.
Hormuud employs more than 5,000 full-time and part-time staff with different specialties. Among these workers are telecommunication engineering, customer service, sales and marketing, and finance specialists.
Around 45% of the firm's personnel are engineers.
In December 2012, Hormuud launched its Tri-Band 3G service for mobile and internet clients. The first of its kind in the country, this 3G mobile telecommunications technology offers users a faster and more secure connection.
In July 2014, Hormuud Telecom along with NationLink and Somtel signed an interconnection agreement. The cooperative deal will see the firms establish the Somali Telecommunication Company (STC), which will allow their mobile clients to communicate across all three networks.
Hormuud Telecom Foundation is a non-profit organization funded by Hormuud Telecom Somalia Inc. The Foundation provides a formal process for charitable contributions to communities, community groups and NGOs in Somalia who are key partners in responding to social and economic development issues in the country. The Foundation supports initiatives projects that provide sustainable solutions to the most pressing social challenges. Its specific focus areas are Education, Health, Economic Empowerment, Environmental Conservation, Arts and Culture, and Sports. The Foundation also responds to disasters and humanitarian emergencies.We want to make our inputs a sustainable difference to communities
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