Airtel Africa’s Q2 2021 report shows revenue growth of nearly 31%, reaching USD 1.1 bln. Moreover, the company’s profit after tax more than doubled to USD 142 mln, surging by 148.7% in the June quarter compared to last year’s period.
Vodacom has recently made public its trading update for the quarter which has ended on June 30, 2021. This update mentions a 9.0% increase of the Group’s revenue to hit R24.8 billion. Normalized Group service revenue growth was 7.8% as International growth accelerated.
Ooredoo Group announced the results for the half year ended 30 June 2021. First half 2021 revenue stood at QAR 14.5 billion, an increase of 3% compared to the same period last year.
A tweet by Henok Teferra Shawl, Ethiopia’s ambassador to Paris, announced Orange’s interest for a stake in Ethio Telecom. The operator had “formally submitted interest to participate in the partial privatization of Ethio Telecom.”
After recent Board of directors meetings of its subsidiaries and in agreement with its local partners, Orange declared that it is appointing three new CEOs for three of its subsidiaries in Africa and the Middle East:
MTN GlobalConnect and CAMTEL have joined forces to establish a strategic partnership that will see the commercialisation of four submarine cables in the West and Central sub-region of Africa. The partnership will improve connectivity in Cameroon and support the increasing demand for internet capacity.
Vodacom Limpopo Region has switched on a 5G mobile network in Polokwane that supports both mobile and fixed wireless access services. Further rollouts are planned to other key municipal districts in that province.
Orange and Nokia announced the deployment of a 4G/5G private network combined with network slicing at Schneider Electric’s plant in Le Vaudreuil, France. Network slicing is a key feature for the management of end-to-end 4G/5G quality-of-service and security of industrial processes, operations and applications in Industry 4.0.
Orange and the German Cooperation are inaugurating an “Orange Digital Center” in Bamako, an ecosystem entirely dedicated to the development of digital skills and innovation, attended by the highest political and administrative authorities from Mali, the German Ambassador to Mali, Dr. Dr. Dietrich Pohl and the French diplomatic representation in Mali, Alioune Ndiaye, Chairman and CEO of Orange Africa and Middle East, Elizabeth Tchoungui, Executive Director of CSR, Diversity and Philanthropy at Orange, Deputy Chair of the Orange Foundation, Sékou Dramé, CEO of Sonatel and Brelotte Ba, Managing Director of Orange Mali.
Airtel Uganda has announced the separation of Airtel Money from its telecom business in the country, transferring the money business to Airtel’s affiliate, Airtel Mobile Commerce Uganda Limited (“AMC Uganda”).