Telecom Egypt announced its Q1 2021 results for the period ending 31 March 2021. Consolidated revenue came in at EGP 8.4bn, growing 20% YoY on higher data revenue (+37% YoY) constituting 66% of top line growth.
Ethiopia received the bids for nationwide telecom service licenses from two giant telecom operators: MTN Group Ltd. and a consortium of Safaricom (Kenya), Vodafone Group (UK), Vodacom Group (South Africa), CDC Group (UK), and Sumitomo Corporation (Japan), said Brook Taye, an adviser in the Finance Ministry.
MTN Rwanda recently received approval from the National Bank of Rwanda to set up its FinTech subsidiary, Mobile Money Rwanda to provide and manage Mobile Money services in Rwanda.
MTN Group published a suite of 2020 reports – including the Integrated, Sustainability, Transparency and Tax Reports – covering how the Group performed in the year and how it delivered on its commitments to stakeholders.
MTN Group announced a strong and resilient operational and financial performance in the first quarter of 2021, with growth in service revenue exceeding medium-term guidance, driven by gains in data and fintech revenue.
As a first in Somalia, Hormuud Telecom, the country’s largest telecommunications provider, has announced the rollout of its first indigenous mobile money application, WAAFI.
Etisalat Group has announced its consolidated financial statements for the three months ending 31st March 2021.
Orange group revenues were up 0.5% in Q1 2021 thanks to the recovery of equipment sales and an excellent performance in fixed broadband and IT and Integration services.
Tecnotree, the global provider of digital Business Support Systems (BSS), has announced that 9Mobile, a leading telecom operator of Nigeria, has selected Tecnotree to replace its Wholesale & Carrier Interconnect Billing System.
MTN Rwandacell Plc (MTN Rwanda) has announced that it will list on the Rwanda Stock Exchange (RSE) on 4 May 2021.
