“Can Mauritius Telecom leverage its dominant 1.3 million-subscriber telecom base to become the primary embedded financial services provider for unbanked and underbanked Mauritians?”
Founded in 1992 as Mauritius's national telecommunications operator, Mauritius Telecom has evolved from a traditional telecom into an ICT services leader and, more recently, into embedded finance. The 2022 partnership with Intellect Global Consumer Banking to launch a digital wallet marks a deliberate pivot toward financial inclusion, leveraging its 1.3 million subscriber base to offer affordable digital financial services. The company operates across six countries and positions itself as a socio-economic transformation driver in the Indian Ocean region.