BnB, a fintech company that says it is committed to revolutionising financial services in Africa, has launched an initiative that seeks to expand international money transfer services in collaboration with operator Lonestar Cell MTN’s MoMo (a mobile money service).
News from across the Global South
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- Category: Mobile Finance
- 12820 views
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- Category: Regulation
- 37383 views
UPDATE: Bangladesh's Army Chief General Waker-Uz-Zaman has confirmed that he has assumed power following the resignation of Prime Minister Sheikh Hasina, who has now fled the country. At the time of writing, data from NetBlocks indicates that internet connectivity has been restored and remains available in Bangladesh.
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- 25526 views
Atlas Luxco the investment vehicle of billionaire Xavier Niel raised its offer to acquire Latin America-focused operator group Millicom to US$4.4 billion.
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- Category: Operators
- 12577 views
MTN Group announced multiple changes to its executive with its Congo-Brazzaville unit gaining a new Chief Executive.
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- 17345 views
Liberty Latin America announced on Thursday that Liberty Costa Rica will merge with Millicom International Cellular’s Tigo Costa Rica via an all-stock deal focused on boosting investment in fibre networks in the country.
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- Category: Devices & Platforms
- 17589 views
The Indian smartphone market declined by 2% YoY in the second quarter of 2024, but 5G smartphones saw their highest market share growth so far.
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- Category: Optical & Fixed Networks
- 15772 views
Recent African cable news includes a milestone for Namibia with the inauguration of its Equiano cable station and plans for a 2Africa cable landing in Pakistan.
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- Category: Investment
- 17069 views
Millicom International Cellular says it has entered into a non-binding memorandum of understanding (MoU) to acquire a 67.50% stake in Colombia Telecomunicaciones (aka Coltel or Telefonica Colombia) from owner Telefonica Hispanoamerica, for approximately US$400 million.
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- Category: Operators
- 12632 views
Struggling Nigerian operator 9Mobile reportedly secured a UK-based buyer after years of rumours surrounding a buyout.
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- Category: Optical & Fixed Networks
- 14960 views
Telecentro, a leading telecommunications operator in Argentina, has selected the cOS broadband platform from Harmonic – a company that delivers virtualised broadband and video delivery solutions – to modernise its broadband network.
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- Category: Data Centres & Networks
- 16044 views
Google’s application for its Teros data centre project in the Parque de las Ciencias free trade zone in the Canelones department in the south of Uruguay has now been approved by the country’s Environment Ministry.
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- Category: Wireless Networks
- 12273 views
Costa Rican company Radiografica Costarricense SA (RACSA, a Grupo ICE company) has claimed a 5G first in the country with the launch of 5G fixed wireless access (FWA) services on the market, supported, it says, by the country's first and only network designed for this technology.
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- Category: Regulation
- 33244 views
Mobile internet services in Bangladesh were restored on Sunday after being down for 12 days. However, access to social media and messaging apps reportedly remains blocked pending a meeting with social media reps and government officials later this week.
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- Category: Regulation
- 13569 views
Brazilian telecoms regulator Anatel has expressed its disappointment at a recent decision by another government agency, the electricity-focused Aneel to, essentially, abandon plans discussed by the two regulators on the vexed topic of infrastructure sharing or, more accurately, pole sharing.
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- Category: Operators
- 15567 views
Orange credited “remarkable” results from its Africa and Middle East unit for a solid performance in the second quarter.
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- Category: Operators
- 10841 views
Airtel Africa reported profit gains subscriber growth as the group continues to battle against currency devaluation on the continent.
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- Category: Regulation
- 26817 views
Fixed broadband in Bangladesh was reportedly set to be completely restored on Wednesday night, but the government said that mobile internet access will remain offline until at least Sunday or Monday, which means most people will remain unconnected.
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- Category: Wireless Networks
- 14920 views
Ericsson and Etisalat’s e& United Arab Emirates (UAE) say they have successfully conducted end-to-end verification of RedCap software on e&’s 5G Standalone (5G SA) network, which will enable it to support IoT devices as it evolves to 5G Advanced.
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- Category: Energy & Sustainability
- 11511 views
An interesting take on the issue of how to manage energy-hungry data centres comes from Burkina Faso, where plans have been proposed to launch a data centre powered in an unusual way.
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- Category: Data Centres & Networks
- 162019 views
AI is being touted as the most transformative technology since personal computers and the internet. The technology also shows promise to transform lives on the African continent which has struggled with multiple challenges that developed markets have made a distant memory.
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- Category: Regulation
- 29648 views
Fixed line broadband internet connectivity in Bangladesh has been partially restored in select areas and for certain business sectors after a five-day blackout that has reportedly wreaked havoc on almost every aspect of life in the country.
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- Category: Regulation
- 12210 views
Colombia's ICT ministry (MinTIC) has cancelled a tender to connect over 3,000 schools. However, it does seem as though the process to connect 3,082 public educational institutions for a total of COP408 billion (US$101.6 million) will reopen – in approximately one month, according to the ministry.
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- Category: Optical & Fixed Networks
- 16465 views
A new high-capacity cable system connecting Greece with the Kingdom of Saudi Arabia may be on the way after a recent agreement between the two countries.
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- Category: Operators
- 16894 views
Veon subsidiary Jazz secured a PKR75 billion (US$270 million) loan to finance plans to expand infrastructure across Pakistan, and aid plans to transition from a telco to a technology services company.
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- Category: Regulation
- 13089 views
A Nigerian anti-trust agency fined WhatsApp owner Meta Platforms US$220 million for violating data and privacy laws.
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- Category: Operators
- 17887 views
Beeline Uzbekistan launched 60 new base stations in 20 locations in the Khorezm region to boost internet speed by almost double, a move to fulfil rising demand in the location.
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- Category: Mobile Finance
- 15647 views
The number of active mobile money accounts in Tanzania has reportedly more than doubled in the last five years up to the end of 2023, according to the latest figures from the Tanzania Communications Regulatory Authority (TCRA).
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- Category: Investment
- 13149 views
The World Bank has pledged US$100 million to fund a new project that promises to speed up development of Zambia's digital infrastructure and narrow the digital divide.
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- Category: Regulation
- 11340 views
The Liberian Telecommunications Authority (LTA) has introduced a new set of regulations designed to empower fintech companies and foster a more competitive mobile market.
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- Category: Operators
- 21840 views
China Mobile Pakistan (CMPak), which operates under the Zong 4G brand, says it has expanded its network in the first half of 2024, as well as completed an extensive network modernisation project to address capacity challenges.
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- Category: Regulation
- 50165 views
Bangladesh’s internet has been mostly shut down since Thursday amid an outbreak of violence between demonstrators and police, but the government has denied responsibility for the blackout, despite the country’s recent history of internet-related shutdowns during political unrest.
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- Category: Data Centres & Networks
- 12891 views
Nairobi-based IXAfrica Data Centres and Schneider Electric have launched what they say is the first AI-ready hyperscale data centre in Kenya, and the largest such data centre in all of East Africa.
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- Category: Wireless Networks
- 14105 views
LORIOT, a long-range IoT solutions company, and LORATECH, an IoT technological solutions business, have joined forces in a partnership they say is set to transform the Internet of Things (IoT) landscape in Latin America.
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- Category: Operators
- 14231 views
The troubles of Brazilian service provider Oi seem to be continuing as attempts to sell off one of its businesses have run into new problems.
Tech Article Count: 10271
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DevelopingTelecoms.com business news category feed
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