Telecom Egypt posted net profit of 3.9 billion Egyptian pounds ($249.20 million) for the first half of 2021, up 88% from the same period last year, as a result of a strong operational performance, growth in investment income from Vodafone, and FX gains, according to a company statement.
After recent Board of directors meetings of its subsidiaries and in agreement with its local partners, Orange declared that it is appointing three new CEOs for three of its subsidiaries in Africa and the Middle East:
SES Networks and Orange will jointly provide higher-capacity satellite connectivity to Orange’s maritime customers to help them accelerate their digital transformation.
Vodacom Limpopo Region has switched on a 5G mobile network in Polokwane that supports both mobile and fixed wireless access services. Further rollouts are planned to other key municipal districts in that province.
MTN Nigeria Communications Plc (MTN Nigeria) announced its unaudited results for the half-year ended 30 June 2021, as well as plans to celebrate its 20th anniversary with numerous national impact projects.
Orange and the German Cooperation are inaugurating an “Orange Digital Center” in Bamako, an ecosystem entirely dedicated to the development of digital skills and innovation, attended by the highest political and administrative authorities from Mali, the German Ambassador to Mali, Dr. Dr. Dietrich Pohl and the French diplomatic representation in Mali, Alioune Ndiaye, Chairman and CEO of Orange Africa and Middle East, Elizabeth Tchoungui, Executive Director of CSR, Diversity and Philanthropy at Orange, Deputy Chair of the Orange Foundation, Sékou Dramé, CEO of Sonatel and Brelotte Ba, Managing Director of Orange Mali.
Airtel Africa’s Q2 2021 report shows revenue growth of nearly 31%, reaching USD 1.1 bln. Moreover, the company’s profit after tax more than doubled to USD 142 mln, surging by 148.7% in the June quarter compared to last year’s period.
Vodacom has recently made public its trading update for the quarter which has ended on June 30, 2021. This update mentions a 9.0% increase of the Group’s revenue to hit R24.8 billion. Normalized Group service revenue growth was 7.8% as International growth accelerated.
Ooredoo Group announced the results for the half year ended 30 June 2021. First half 2021 revenue stood at QAR 14.5 billion, an increase of 3% compared to the same period last year.
A tweet by Henok Teferra Shawl, Ethiopia’s ambassador to Paris, announced Orange’s interest for a stake in Ethio Telecom. The operator had “formally submitted interest to participate in the partial privatization of Ethio Telecom.”
