Golis Telecom Somalia
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Golis Telecom Somalia
Golis Telecom Somalia ( so, Shirkadda Isgaadhsiinta ee Golis Soomaaliya), shortened to Golis, is the largest telecommunications operator in the Puntland state of northeastern Somalia. It was founded in 2002 with the objective of supplying the country with GSM mobile services, fixed line and internet services. The firm has an extensive network that covers all the major cities and more than 50 districts in Puntland and neighbouring Somaliland. The company has its headquarters in the port city and the commercial capital of Puntland , Bosaso. Golis Telecom has also centers in the main cities and towns of Puntland such as Qardho, Garowe, Hadaaftimo, Burtinle, Galkacyo , Dhahar, Carmo, Baran, Goldogob Hingalol and Bo’ame, Lasanod as well as Erigavo. Other services Golis Mobile offers other services such as ''XOGMAAL''. XOGMAAL enables enquiring, emailing through the mobile, and searching the online encyclopedias and dictionaries as well as search engines such as Google. It also allo ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Exchange Rate
In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of the euro. The exchange rate is also regarded as the value of one country's currency in relation to another currency. For example, an interbank exchange rate of 114 Japanese yen to the United States dollar means that ¥114 will be exchanged for or that will be exchanged for ¥114. In this case it is said that the price of a dollar in relation to yen is ¥114, or equivalently that the price of a yen in relation to dollars is $1/114. Each country determines the exchange rate regime that will apply to its currency. For example, a currency may be floating, pegged (fixed), or a hybrid. Governments can impose certain limits and controls on exchange rates. Countries can also have a strong or weak currency. There is no agreement in the econ ...
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Bosaso
Bosaso ( so, Boosaaso, ar, بوصاصو), historically known as Bender Cassim is a city in the northeastern Bari province ('' gobol'') of Somalia. It is the seat of the Bosaso District. Located on the southern coast of the Gulf of Aden, the municipality serves as the region's commercial capital and is a major seaport within the autonomous Puntland state. It has an estimated population of around 164,906 residents (2005 est.). The city has a diverse economy centred on education, government, banking, tourism, aviation, food, clothes, logistics, steel, energy, health care, hospitality, retail and technology. The area's many colleges and universities make it a regional hub of higher education, including law, medicine, engineering, business and entrepreneurship. History The ''Periplus of the Erythraean Sea'' indicates that Ancient Greek merchants sailed to Bosaso, providing notes about the strategic and geographical location of the current Bosaso area, which was known as Mosylon in ...
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Privately Held Companies
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and services (4 ...
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Telecommunications Companies Established In 2002
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that feasible with the human voice, but with a similar scale of expediency; thus, slow systems (such as postal mail) are excluded from the field. The transmission media in telecommunication have evolved through numerous stages of technology, from beacons and other visual signals (such as smoke signals, semaphore telegraphs, signal flags, and optical heliographs), to electrical cable and electromagnetic radiation, including light. Such transmission paths are often divided into communication channels, which afford the advantages of multiplexing multiple concurrent communication sessions. ''Telecommunication'' is often used in its plural form. Other examples of pre-modern long-distance communication included audio messages, such as coded drum ...
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Telecommunications Companies Of Somalia
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that feasible with the human voice, but with a similar scale of expediency; thus, slow systems (such as postal mail) are excluded from the field. The transmission media in telecommunication have evolved through numerous stages of technology, from beacons and other visual signals (such as smoke signals, semaphore telegraphs, signal flags, and optical heliographs), to electrical cable and electromagnetic radiation, including light. Such transmission paths are often divided into communication channels, which afford the advantages of multiplexing multiple concurrent communication sessions. ''Telecommunication'' is often used in its plural form. Other examples of pre-modern long-distance communication included audio messages, such as coded dru ...
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Somafone
Somafone Telecommunications Service Company (operating as Somafone) is one of Somalia's leading telecommunications firms. It was established in 2003 as a fully owned subsidiary of Somafone FZ LLC of the Dubai Internet City. The company's head offices are located in Mogadishu. See also *Golis Telecom Somalia *Hormuud Telecom * Telcom *Netco (Somalia) *NationLink Telecom *Somali Telecom Group Somali Telecom Group ; (STG) is a telecommunications company based in Somalia. It was founded in 1993 in Rockville, Maryland, in the United Shades, by Abdirazak. Osman, Edmund L. Resor, Abdiaziz Ismail Dualeh and Luis F. George. According to the ... External linksSomafone.com official site Telecommunications companies of Somalia Companies based in Mogadishu 2003 establishments in Somalia {{Somalia-stub ...
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Netco (Somalia)
North Eastern Telecommunications Company (Netco Ltd.) is a telecommunications company established in 1993 in Bosaso, the commercial capital of Puntland an autonomous region of Somalia. Overview Netco is owned by Ismael Haji Abdi, an MBA graduate from Wisconsin University, USA, and is part of the Somali Telecom Group of companies. It is the largest telecommunications firm in the autonomous Puntland region of Somalia. Netco is a rapidly developing company and has grown massively in the past 15 years, with a current customer-base of over 800,000 individuals. Services The company supplies home phones, mobile phone networks and internet services. One of Netco's next targets is to supply electricity throughout Puntland, a project which will take place within the next five years. See also *Somtel *Golis Telecom Somalia *Hormuud Telecom * Telcom *Somali Telecom Group *NationLink Telecom *Somafone Somafone Telecommunications Service Company (operating as Somafone) is one of Somalia' ...
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Somali Telecom Group
Somali Telecom Group ; (STG) is a telecommunications company based in Somalia. It was founded in 1993 in Rockville, Maryland, in the United Shades, by Abdirazak. Osman, Edmund L. Resor, Abdiaziz Ismail Dualeh and Luis F. George. According to the company's website's front page, it is Somalia's "first telecom service provider". STG maintains offices in 10 Somali cities; its head offices are currently located in Dubai. History After its founding in 1993, STG built telecom service accordingly: *1994: Bosasso - (North East Telecom Corporation - Netco) *1994: Hargeisa *1997: Galcaio (STG Galcom) *1998: Mogadishu - ( STG NationLink) *1999: Burao - (STG Burao) *2000: Garowe - (STG Puntel) Somali Telecom Group has continued to expand and as of 2007, service is available in the following localities: * Ba'adweyn *Berbera *Bosaso Netco *Burao *Burtinle * Erigabo * Galciao Galcom *Garowe Puntel *Goldogob Goltel *Hargeisa STC Hargeisa Operations STG's services include: *Telephony *Fax *Mobile ...
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Telesom
Telesom is a private telecommunication company established in 2002 by local entrepreneurs in Hargeisa, Somaliland. It is the leading provider of ICT services in the country and offers a wide range of products including voice and mobile broadband, fixed broadband, SMS, mobile money, mobile education, mobile infotainment and cloud offerings such as SaaS, IaaS and PaaS services. Telesom was the first to introduce 2G, 3G and LTE services to the country, and played a significant role in rebuilding the country after the war by building a robust telecommunication infrastructure and enabling access to digital payments via its flagship mobile money platform ZAAD. The company operates in the entire Somaliland, where it has the widest coverage network, and the company has affiliations with the neighboring countries biggest telecommunication companies and also shares the regional and international roaming service with them. History Founded in 2002 by local stakeholders, it became the firs ...
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Hormuud Telecom
Hormuud Telecom Somalia Inc. is a privately held telecommunications company based in Mogadishu, Somalia. It is the largest telecommunication company and largest private-sector employer in the country, and also Somalia's first private enterprise to be internationally ISO certified. The company operates numerous services that are used by a large number of Somalis, including its mobile money transfer service, EVC Plus. Hormuud provides the cheapest 4G mobile internet in Africa and in the Arab world. The corporation is one of the only in Somalia to have a charitable arm, the Hormuud Salaam Foundation, which was launched in 2009. During the Covid-19 pandemic in the country, Hormuud made numerous donations to the Somali healthcare system. History Hormuud was established in 2002 in Mogadishu, Somalia by a small group of shareholders, and originally consisted of 16 telecommunication sites. The group included its current CEO, Ahmed Mohamed Yusuf, who is the son of a camel herder. Yusu ...
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Salaam Bank
The Salaam Bank (SB) is a bank headquartered in Mogadishu, the capital and most populous city of Somalia. Benadir region in South Somalia. Overview Salaam Bank was established in February 2011. As a financial institution, the bank provides personal banking and corporate banking. Its Islamic banking services and facilities include Mudarabah, Murabaha, Musharakah and Istisna'a. Additionally, the bank offers electronic banking, SMS banking, mobile banking and internet debit. In August 2011, the bank also launched an independent (Kaaftoon) service partnering the institution with Golis Telecom Somalia. Services Salaam Bank's personal banking services include current accounts and savings accounts. The current accounts permit clients to pay for utilities through online, mobile, and direct debit orders, receive and wire international transfers, make payments via checks, use the Salaam Debit Card for purchases/withdrawals at ATM and POS locations, and access their accounts online and ...
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