After the Nigerian government approved last year to allow telecom companies to offer banking services, MTN Nigeria Communications PLC, subsidiary of MTN, announced it was able to get green light from Nigeria’s central bank to offer financial services.
Realizing the importance of SD-WAN and NB-IoT technologies, MTN is set to develop SD-WAN networks and deploy thousands of sites to harness NB-IoT in South Africa. This project is part of MTN’s investment plan aiming at building South Africa’s network and establishing strong foundations to launch new solutions.
Telecom Egypt announced its Q2 2019 results ending 30 June 2019. The operator registered revenue growth coupled with implementation of successful cost initiatives.
For the purpose of offering the best services that address their customers’ needs and serve their interest, Telecom Egypt and Etisalat Misr signed four agreements to provide virtual fixed voice and bitstream services to the Egyptian market.
Nigeria’s internetwork connectivity was lately affected by financial and regulatory issues which forced the Nigerian Communications Commission (NCC) to step up.
Africa is thinking about the future generation and for that, a digital e-learning platform was built which focuses on educating Africans - especially youth - on the skills they need to excel in the fourth industrial revolution: the 21CSkills.
In its trading update for the quarter ending in 30 June 2019, Vodafone Group announced a revenue of €10.7 billion, down by €0.2 billion due to foreign exchange rate effects. Sequential progress was registered in Europe, with service revenues -1.7% as market conditions continued to improve in Italy and retail growth in Germany remained robust, offsetting the impact of competitor promotions in Spain. The other regions of the world grew 5.3% as the impact of regulation introduced in March in South Africa was offset by strong growth ahead of inflation in other markets.
Telecom Egypt and Banque Misr signed an agreement in preparation of the launch of WE mobile wallet. The service is designed to enable customers to safely and securely send, receive and store money using a smartphone application. The mobile wallet will allow customers to deposit and withdraw cash from WE’s wide footprint of retail stores and partners in addition to adding and linking their Banque Misr debit/ credit cards to the wallet to carry out transactions without prior-approval or assistance from the bank. The wallet subscribers will also enjoy a wide-range of electronic payment facilities including cross-net peer-to-peer transfers, person-to-merchant transactions and payments for a variety of services. Customers will be able to pay for all the WE portfolio of services in addition to utilities, insurance, education, tickets and tourism. The WE Wallet is expected to expand further with more features to be introduced soon including availing the wallet on feature phones and enabling the customers to receive international remittances.
MTN Nigeria Communications Plc is one of Africa’s largest providers of communications services, connecting over 61 million people in communities across the country with each other and the world.
Ethiopia said it would grant two telecom licenses to private firms and sell a minority stake in Ethio Telecom, the sole operator, as the government opens sectors long closed to outsiders.
