Telia Company has divested all of its 12.25 percent interest in the Afghan mobile operator Roshan to Aga Khan Fund for Economic Development.
Roshan (Telecom Development Company Afghanistan) is Afghanistan’s leading total communications provider, covering all 34 provinces with over 6.5 million active subscribers and a deep commitment to the country’s reconstruction and development.
Roshan is a true Afghanistan success story, actively contributing to the country’s long-term development with more than $700 million invested in Afghanistan to date. The company directly employs more than 900 people – 97% Afghan nationals and 19% female – and provide indirect employment to more than 35,000 people.
Roshan’s mission to advance Afghanistan’s growth is supported by our major shareholder the Aga Khan Fund for Economic Development (AKFED) – part of the Aga Khan Development Network (AKDN) – which promotes private initiatives and builds economically sound enterprises in the developing world.
Roshan has invested more than $700 million to date in its network that covers 287 districts and cities in all of Afghanistan’s 34 provinces and reaches more than 70% of the country’s population.
Roshan operates a network operations center and an internationally-certified (ISO) call center inside Afghanistan that handles more than 250,000 calls per week.
Roshan understands Afghanistan’s demand for the latest technology and it continues to invest in expanding and upgrading its network to meet that demand.
Roshan’s majority shareholder, AKFED is responsible for its overall management and operation. AKFED is the economic development arm of the Aga Khan Development Network (AKDN), a group of private, non-denominational development agencies seeking to improve living conditions in regions across the developing world, with a focus on Asia and Africa.
AKFED is highly active in Afghanistan, investing over USD $1 billion in Afghanistan’s private sector across telecoms (Roshan), finance (First MicroFinance Bank), hospitality (Serena Hotel) and power (PamirEnergy).
AKFED’s involvement in Afghanistan’s telecommunications sector has complemented and strengthened various development initiatives that have been launched by AKDN in the country. These initiatives range from expansion of rural development and the rehabilitation of infrastructure to microfinance, upgrading educational and healthcare capacity, and the revitalization of cultural spaces of historic importance with a vision of improving urban development.
In neighboring Tajikistan, AKFED is the owner of T-Cell, the country’s largest mobile operator and the largest shareholder in Pamir Energy, which provides reliable electricity to residents of Afghanistan and Tajikistan.