Orange Bissau inaugurates the first antenna in the village of Bijimita (Quinhamel sector) under the high patronage of the President of the Republic of Guinea Bissau Mr General Umaro Sissoco Embaló, and the presence of the Chairman of the Board of Directors of Orange Bissau, Ministers, Ambassadors, notables, and dignitaries of Guinea Bissau.
MTN South Africa had entered into a $2 million partnership with the World Bank's International Finance Corporation (IFC) to expand its mobile money business.
MTN announced the completion of its part in the long-awaited coastal national long-distance (NLD) cable project, known as NLD 5 and NLD 6. The impressive 1,822 km fiber route coverage starts in Cape Town, runs along the N2, and leads up to Durban.
CSG announced a multi-year extension to its long-standing relationship with MTN South Africa, the largest mobile network operator in Africa. As part of this new agreement, CSG is advancing and enhancing MTN’s digital ecosystem. This includes migrating MTN’s enterprise and consumer customers to a new end-state systems architecture that will drive future growth and enable rapid delivery of innovative products and services.
The Global Partnership for Ethiopia, an international consortium composed of Vodafone Group, Vodacom Group, Safaricom, Sumitomo Corporation, the UK CDC Group, the US Development Finance Corporation (DFC), and supported by 75 local companies, just won a new telecommunications license in Ethiopia.
Airtel Africa maintained a strong and growing profit, as the revenue grew by 14.2% to $3,908m, with Q4'21 reported revenue growth of 15.4%. In addition, Constant currency underlying revenue growth was 19.4%, with Q4'21 growth of 21.7%. Growth was recorded across all regions: Nigeria up 21.9%, East Africa up 23.5% and Francophone Africa up 10%; and across key services, with revenues for voice up 11.0%, data up 31.2% and mobile money up 35.5%. EBITDA earnings was $1,792m, up 18.3% in reported currency, and growing 25.2% in constant currency. As for their margin profits, it was 46.1%, adding 181 basis points (210 basis points higher in constant currency). Underlying EBITDA margin for Q4'21 was 47.7%, an increase of 389 basis points in constant currency.
Comviva, the global leader in digital solutions, announced its strategic partnership with Etisalat Misr to offer media rich Caller Ring Back Tone (CRBT) services. With this new service Etisalat subscribers can reflect their personality and emotions by playing different ring back tones for different callers. The new service will help Etisalat to drive next phase of growth with digital adoption being key for new digital services.
Orange is accelerating its solar projects in the Middle East and Africa (MEA) to reduce its carbon footprint to zero by 2040.
Etisalat has added a third facility in its SmartHub data centers portfolio with the opening of state-of-art Tier 3 data centre facility in Kalba, which has been selected to be the landing for Africa-1, a new subsea telecom system connecting Africa, the Middle East and Europe.
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.
