In this venture, 27.7% of the issued share capital was allotted to the Ultimate Communications Limited and Tanzania Posts and Telecommunications Corporation.

In Tanzania a USD 1.332 million deal enables Millicom to acquire the remaining 16% stake it did not already own after the cellco's minority shareholders agreed to cancel their call option on the business.

[1] Following the parent's policy to aligning with a broader strategy to create a unified pan-African brand across its markets, in 26th November 2024 they changed the name from tiGO to Yas.

According to Axian Telecom, the Yas brand symbolizes Africa's energy and potential, emphasizing a commitment to sustainable growth and investment in digital transformation.

With a customer base of 23.5 million in Tanzania, the company plans to continue driving technological advancements and supporting youth empowerment.

[2][3] In December 2016, in accordance to the government law, tiGO Tanzania applied to list the company on the Dar es Salaam Stock Exchange, but as of April 9, 2019 it was yet to go public.

[4] The service also extended to Tigo in Rwanda and the company was the pioneer in East Africa's first cross-border money transfer mobile wallet product.

The Table below shows the number of subscribers tiGO had in December of the year based on figures by Tanzania Communication Regulatory Authority.