Somalia
Hormuud Telecom Somalia Inc. is a leading telecommunications company in Somalia, serving over 4 million customers with affordable internet and mobile services, covering more than 80 percent of the country. The company has a strong focus on connecting rural and urban communities, ensuring fair rates and championing financial inclusion through its EVC Plus service, which is backed by the Central Bank and utilized by over 3 million Somalis. This service has played a vital role in facilitating previously excluded and underserved individuals to build businesses and participate in a cashless economy.
Founded in 2002, Hormuud Telecom is deeply entrenched in the financial services industry, with its headquarters located in Somalia. Despite no recent publicized investments or known investors, the company remains committed to ongoing improvement. Hormuud Telecom continually focuses on the development of its infrastructure, extending its reach, and enhancing customer service to fulfill its mission of helping the Somali people thrive.
