Vodacom has announced a substantial investment of ZAR800 million (US$44.4 million) for this financial year to upgrade its network and extend connectivity to remote areas within KwaZulu-Natal, South Africa.
Ethio Telecom, Ethiopia's state-owned telecommunications company, has announced impressive financial results for the fiscal year ending in June, showcasing significant growth. According to CEO Frehiwot Tamiru, the company reported a 22% increase in revenue, reaching 93.7 billion birr ($1.63 billion), and a 21% rise in net profit, totaling 21.79 billion birr.
Ethio Telecom has officially launched its 100 rural mobile solutions, bringing telecom services to 903,000 previously unserved residents across 305 rural kebeles.
The Moroccan appeals court has upheld a consequential ruling requiring Maroc Telecom to pay 6.3 billion dirhams ($630 million) in compensation to its competitor Wana Corporate, known as Inwi, for alleged unfair competition practices.
Telkom SA SOC Limited is pleased to announce strong quarterly results for the three months ended 30 June 2024, driven by solid subscriber growth and uptake of next-generation network (NGN) offerings.
Safaricom Ethiopia is focused on significantly enhancing connectivity in the Southwestern Oromia region. The company's CEO recently embarked on a tour of key towns, including Jimma and Agaro, to personally oversee the rollout of the network expansion and to strategize for future developments in the area.
Kenya Airways has entered a strategic partnership with Safaricom to drive innovations aimed at improving the airline's operational efficiency, bolstering cybersecurity, and enhancing the customer experience.
Vodacom announced it will increase investment into the Free State and Northern Cape provinces in South Africa, a move to boost capacity and resilience particularly in rural areas.
Namibia is celebrating the launch of the Equiano undersea cable, which positions the Southern African nation to become a regional hub for information and communication technology (ICT).
Telkom, the JSE-listed telecommunications firm, has reported a 1.6% increase in group revenue, reaching R43 billion. CEO Serame Taukobong announced the company's annual financial results for the year ending 31 March, highlighting strong operational performance and improved financial outcomes despite South Africa's challenging economic environment.
