Societe Tunisienne d'Entreprises de Telecommunications
BBVMT:SOTET22.51
TND
-0.49
(-2.13%)
ISIN
TN0006530018
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Company Description
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Tunis Tunisia
- IPO Date
- Jun 19, 1998
- Similar Companies
- Business
- Societe Tunisienne d'Entreprises de Telecommunications SA (SOTETEL) is a Tunisia-based telecommunications infrastructure engineering contractor and digital technology solutions integrator. The company specializes in the design, deployment, integration, and maintenance of fixed and mobile communication networks, IT architectures, and intelligent digital systems. SOTETEL structures its operations across several primary business segments, offering a systematic portfolio of products and services that includes: telecommunications network infrastructure services, comprising the engineering, civil works, installation, splicing, and testing of fiber optic backbones (FTTx, GPON, WDM, PDH/SDH), mobile base transceiver station (BTS/radio) site rollout, microwave links, and legacy copper access networks; enterprise digital and communication solutions, encompassing unified communications, IP telephony, video collaboration platforms, enterprise routing and switching, and call center technologies; cybersecurity and data center services, providing perimeter defense, intrusion prevention, cloud security architecture, identity governance, data center design, electrical and climate infrastructure commissioning, and technical auditing; smart city and Internet of Things (IoT) applications, delivering intelligent public lighting systems, smart metering, environmental sensors, automated irrigation, smart waste management, and intelligent traffic management platforms; and managed technical services, including round-the-clock network operations support, multi-vendor maintenance, system migration, and specialized engineering consulting. The company serves telecommunications service providers, government ministries, public sector agencies, financial institutions, utilities, and large corporate enterprises. Established in September 1981 and headquartered in Tunis, Tunisia, SOTETEL is listed on the Tunis Stock Exchange (Bourse des Valeurs Mobilieres de Tunis) under the ticker SOTET, operating with majority backing from national carrier Tunisie Telecom. Nationally, SOTETEL maintains operational hubs across Tunisia, including regional offices in Tunis, Sousse, Sfax, and Medenine. Internationally, the company provides export services and operates regional business ventures, including SOTETEL-Algeria, optical infrastructure contracts in France via Connect Optique et Maintenance, and ongoing business development initiatives in Central Africa through SOTETEL-BC. In recent strategic developments, SOTETEL has diversified its business portfolio and expanded its capabilities across high-growth digital and sustainable technology sectors. The company amended its corporate bylaws to extend its core operational scope into renewable energy and the green transition, launching commercial activities focused on the deployment of solar photovoltaic installations, smart power systems, and electric vehicle charging infrastructures. To reinforce its managed security capabilities, SOTETEL formed a strategic partnership with cybersecurity specialist KEYSTONE and achieved Fortinet Expert Partner certification. Additionally, the company has secured major public-sector digital modernization contracts, including large-scale network connectivity rollouts for educational institutions, while continuing to expand its technical contracting exports into European and Sub-Saharan African markets.