Reports suggest that Module Kadri, Chief Financial Officer (CFO) of MTN Nigeria, has voiced concerns about potential investment losses in Nigeria's telecommunications sector. Kadri warned that without effective pricing strategies, the industry could face challenges similar to those encountered in the oil sector.
In its commitment to digitalizing critical enterprise sectors, Vodacom Business is working with local governments to provide technology solutions to help make South African cities smarter. Announcing the partnership, which forms part of a five-year Transversal Contract with the National Treasury, Vodacom Business showcased the significant role digital solutions can play in enabling municipalities to deliver services efficiently and build an inclusive future.
Ethio Telecom, one of Africa’s pioneering telecommunications companies, has announced the public sale of 100 million ordinary shares as part of Ethiopia’s ongoing economic reform initiatives. This is the first time in history that the company is offering shares to the public, marking a significant milestone in Ethiopia's efforts to transform its economy and strengthen its capital market.
Safaricom has been in the spotlight for two significant initiatives: a major healthcare project and a sustainability-linked loan. The company is leading a partnership with Apeiro and Konvergenz Network Solutions to roll out Kenya’s Integrated Healthcare Information Technology System (IHTS).
Telecom Egypt and Colt have announced a significant strategic partnership to establish two high-speed internet transit nodes in Cairo and Alexandria. These new nodes will be hosted in Telecom Egypt’s advanced data centers and leverage its expansive international infrastructure, which spans over 60 countries. Additionally, Colt’s extensive IP network will be integrated to provide seamless, high-speed access to the global internet, enhancing the overall connectivity experience.
Ethio Telecom has launched its Copper Switch-Off Strategic Initiative, aiming to migrate 100,000 copper-based customers to high-speed fiber optic connections this fiscal year. The plan includes migrating 60,000 customers in Addis Ababa and 40,000 in regional areas, with the first wave of 31,000 customers starting in early October.
M-PESA Kenya expands its International Money Transfer (IMT) to Ethiopia. Customers will now be able to send money from Kenya to Ethiopia via M-PESA Global.
e& Egypt has signed an agreement with the National Company for Telecommunication Services (NCTS), under the Ministry of Defense, to provide advanced telecom services via the "Tiba 1" satellite. The deal was signed by Hossam El-Meadawy, CEO of the institutional sector at e& Egypt, and Samy Shedied, chairman and managing director of NCTS.
MTN Congo has officially launched its commercial 5G services, marking a significant leap forward in the nation’s digital transformation journey. This cutting-edge technology is poised to revolutionize the country’s connectivity, unlocking new opportunities for innovation and enhancing digital services across a wide range of sectors, from education and healthcare to business and entertainment.
Vodacom South Africa has officially launched a platform to support mobile virtual network operators (MVNOs) and has signed its first client, Mr Price Mobile. With this new partnership, Mr Price Mobile can now activate customers on Vodacom's network, marking the platform’s operational debut.
