Tunisie Telecom, BSA telecommunication and COMATEL announced the signing of an exclusive agreement with TELECEL Group for the sale of 100% of the shares of Mauritano-Tunisienne des Télécommunications (Mattel).
Mozambique Telecom, which operates under Tmcel, known as the third leading telecom operator in the national market, will deploy its 5G mobile network in the next few months with the technical expertise of Huawei.
The central bank of Nigeria has granted the final approval for the establishment of Momo Payment Service Bank (Momo PSB). The date of commencement will be communicated to the CBN in accordance with its requirements.
AST SpaceMobile, Inc., the company building the first and only space-based cellular broadband network designed to be accessible directly by standard mobile phones, announced a non-binding memorandum of understanding “MoU” with Orange S.A., one of the world's leading telecommunications operators serving more than 220 million mobile customers across the globe.
Millicom International Cellular S.A. stated that it has completed the transaction announced on April 19, 2021 for the sale of its operation in Tanzania to a consortium led by Axian, a pan-African group. In accordance with the terms of the sale, Axian has assumed ownership of the business, including its debt and other obligations, and Millicom has received net cash consideration of approximately $100 million. The transaction completes Millicom’s multi-year plan to divest its African operations and associated obligations and liabilities and to focus on its Latin America markets.
Cairo, 1st of April 2022 : Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, announces that EG-IX, the first open access internet exchange in Egypt, is live and available for customers as of today. The new Internet Exchange, powered by AMS-IX, is intended to enhance the digital experience of internet users in Egypt, Africa, and the Middle East.
MTN Group welcomes the moody’s investor services upgrade to its credit rating outlook to “stable” from “negative”, in line with its rerating of the South African sovereign and to reflect MTN’s strong financial performance and reduced leverage.
MTN GlobalConnect has acquired MTN Business Kenya to transform its operating company into a dedicated wholesale and infrastructure hub in Kenya. As part of our strategic ambitions to digitally transform our business, this is the first milestone in MTN GlobalConnect’s fibre railroad deployment plans to shape its Pan-African infrastructure expansion. As part of this transformation, our team in Kenya will continue to look after their customers, while reshaping the business to service wholesale and infrastructure.
Vodacom South Africa managing director, Balesh Sharma, has decided to leave the Vodafone and Vodacom Groups after a two decades long career to pursue an external opportunity in Europe, with effect from 30 June 2022.
MTN GlobalConnect announced it has joined MEF, global industry association of network, cloud, and technology providers who collaborate to drive network transformation to power the digital economy, to standardise and certify its connectivity services to enable interoperability and automation.
