Sherry Singh: “My target is at least one acquisition in Africa this year”

“The world is changing, business is changing and the needs of people are changing. So, MT is changing too. It is very important that we reorganise ourselves in terms of our vision, values, strategy in order to meet the expectations of customers. This is the reason behind the rebranding of Mauritius Telecom,” says its CEO, Sherry Singh, to Business Magazine. As the MT brand has not been refreshed since 2007, it was time, he adds, because there are so many changes happening, including a major restructuring within the organisation to give a new visibility and a new dynamism to MT as a group and company.

Today, with a penetration rate of over 120% in Mauritius and a limited market size, the growth is shifting from mobile to fibre to the home, content TV, business solutions, soft solutions, software-based solutions, cloud… Explaining the reasons governing the expansion overseas, he puts forward a limited and mature market with growth starting to slow down. “So where will we find growth? It will be overseas. Right now, there are many opportunities we are contemplating in Africa…” Your free copy of the two-monthly 'Immobilier & Construction' focuses among other themes on Gecko River Lodges.