Safaricom expects to lose 2 billion shillings in the financial year ending March 2023 after the Kenya Communications Authority (CA) cut mobile terminal (MTR) charges by 41.4%.
Telecom Operators
Airtel Nigeria Spends $317 Million for 5G Spectrum
A Nigerian subsidiary of Airtel Africa Plc, Airtel Networks Limited (Airtel Nigeria), has obtained spectrum from the Nigerian Communications Commission (NCC) with 100 MHz on the 3500 MHz band and 2 x 5 MHz on the 2600 MHz band.
Ethio Telecom Records H1 Growth in Revenue, Financial Service Subscribers
Ethio Telecom’s revenue rose 20% to 33.8 billion birr ($631 million) in the first half of the fiscal year, despite new competition from international player Safaricom.
E-Wage Payment System Facilitates Mobile Payments to Employees
An electronic payment wage system won the 2022 MTN MoMo Hackathon award. The “E- wage payment system APP” is a web-based application that facilitates single payments for casual workers via their mobile phones. The two student developers were awarded $5000 for putting their idea into action. In total, twelve teams pitched their ideas for the competition in September 2022.
South Africa’s Telkom Ends Talks On Rain Acquisition
South African telecoms operator Telkom TKGJ.J and mobile-service provider Rain have ended discussions related to the newly issued shares in Telkom.
Safaricom Shakeup Sees Exit of Respected Chairman
Safaricom chairman John Ngumi has stepped down just six months after assuming control of East Africa's most profitable company, and the board has reorganized to accommodate the newgovernment.
5G Network Transformation Adopted by MTN Uganda
MTN Uganda has announced a five-year strategic partnership with Huawei Technologies, a global ICT solutions provider, to transform and modernize its network into a Cloud-native 5G-Capable Core network.
Safaricom Ethiopia’s Network Covers New Cities
Safaricom Ethiopia has switched on its network and services in Hawassa, Assela, Jigjiga, Sodo, and Dilla, growing its network footprint across the country to 21 cities. New customers in these cities will be able to purchase SIM cards for 30 birr (Sh68), choose their preferred numbers, buy airtime and access dedicated customer support at the Safaricom Ethiopia branded shops in their respective cities.
ECA Seeks to License Third Operator
In a search for a third operator, the consideration of potential candidates has resumed under the Ethiopian Communications Authority (ECA).
Benin-Based MTN Deploys AI and ML Solutions
MTN Benin has deployed artificial intelligence (AI) and machine learning (ML) solutions in Africa to address throughput challenges. A network management system utilizing AI and ML was designed to address throughput degradation, ultimately providing improved customer satisfaction.