Socatel
Encyclopedia
Socatel is the leading telecommunications and Internet service provider
in the Central African Republic
. The government
owns 60% of its stock
and France Câbles et Radio, an affiliate of France Telecom
, 40%.
Socatel's subsidiaries include Caratel, a mobile phone
service provider.
Internet service provider
An Internet service provider is a company that provides access to the Internet. Access ISPs directly connect customers to the Internet using copper wires, wireless or fiber-optic connections. Hosting ISPs lease server space for smaller businesses and host other people servers...
in the Central African Republic
Central African Republic
The Central African Republic , is a landlocked country in Central Africa. It borders Chad in the north, Sudan in the north east, South Sudan in the east, the Democratic Republic of the Congo and the Republic of the Congo in the south, and Cameroon in the west. The CAR covers a land area of about ,...
. The government
Politics of the Central African Republic
Politics of the Central African Republic takes place in a framework of a presidential republic, whereby the President is both head of state and head of government, with a separate executive Prime Minister. Executive power is exercised by the government. Legislative power is vested in both the...
owns 60% of its stock
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...
and France Câbles et Radio, an affiliate of France Telecom
France Télécom
France Telecom S.A. is the main telecommunications company in France, the third-largest in Europe and one of the largest in the world. It currently employs about 180,000 people and has 192.7 million customers worldwide . In 2010 the group had revenue of €45.5 billion...
, 40%.
Socatel's subsidiaries include Caratel, a mobile phone
Mobile phone
A mobile phone is a device which can make and receive telephone calls over a radio link whilst moving around a wide geographic area. It does so by connecting to a cellular network provided by a mobile network operator...
service provider.