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What does djezzy mean?
- Djezzy
- Djezzy (Arabic:جازي) is Algeria's principal mobile network operator, with a market share of 65% (over 16.49 million subscribers in December 2016) and a network covering 90% of the population (48 wilayas). Djezzy was a subsidiary of the Egyptian company Global Telecom Holding. It acquired Algeria's second GSM license on 11 July 2001, with a bid of $737 million, and was officially launched on February 15, 2002. In January 2015, the National Investment Fund (FNI) took control of 51% of the capital of the company while the foreign partner, the Veon Group, retained responsibility for the management of the company. Djezzy covers 95% of the population across the national territory and its 3G services are deployed in 48 wilayas. Djezzy launched its 4G services, on October 1, 2016, in 20 wilayas and is committed to covering more than 50% of the population by 2021. Djezzy is engaged in a process of transformation to become the leading digital operator in Algeria and allow customers to navigate the digital world. The company is headed by Vincenzo Nesci Executive Chairman and Matthieu Galvani, Chief Executive Officer. Djezzy is part of the Veon Group (listed on the Nasdaq Stock Exchange under the symbol VIP), an international communications and technology company guided by a vision built on entrepreneurial roots and whose values are based on customer satisfaction, innovation, partnership and righteousness. The company provides a wide range of services such as the prepaid, post-paid, data, value-added services and SUT. It has two competitors: the government-owned Mobilis (Algeria) and the privately owned Ooredoo Algeria.
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