Safaricom announced flat profit growth in its full 2023 financial year as income was dampened by investment into its new Ethiopian unit and inflation.
The parent companies of Indonesian telcos XL Axiata and Smartfren have reportedly asked permission from telecoms regulator KemKominfo to carry out a long-planned merger of the two companies – and seem likely to get it.
Repair work to three damaged subsea cables off the coast of Yemen was delayed due to access disputes in the Red Sea, stemming from the ongoing civil war in the country.
The International Finance Corporation (IFC) announced it is in discussion to loan Airtel Africa US$200 million, to fill the operator's coffers to fund network expansion in the Democratic Republic of Congo (DRC), Rwanda and Kenya.
UAE-based operator e& denied a Bloomberg report claiming the company was in discussions to buy United Group.
Hormuud Telecom employees were killed in a roadside bomb attack on the outskirts of the Somali capital of Mogadishu.
Philippines-based operator Globe Telecom sold off more towers in a deal sealed back in 2022, raising PHP13.5 billion (US$234 million) to support future capex plans and pay down debts.
Indosat Ooredoo Hutchison (IOH) reported profits surging in its Q1 results supported by revenue growth across its units, and cutting down costs.
Operator Claro Costa Rica has started providing 5G services on what is described as a trial basis. Speeds of up to 1.7Gbps and the lower latency that 5G promises are part of the package.
Mauritius Telecom is in talks with operators including Reliance Jio and Orange to build a new subsea cable connecting Africa, Indian Ocean islands and Asia, a move to avoid network downtime experienced last month.
The UAE’s e& is reportedly considering an acquisition of Europe-focused United Group for as much as US$8.6 billion (€8 billion).
MTN revealed its strategy to “restore profitability” in its Nigerian unit which includes raising tariff prices, after being hit by a sharp devaluation in the local currency.
Philippine telco PLDT and its wireless arm Smart Communications said on Monday that the move by National Electrification Administration (NEA) to fast-track energization of rural telco facilities will help them roll out mobile services in those areas faster.
China Telecom, China Unicom and China Mobile were ordered by the Federal Communications Commission to halt their fixed or mobile broadband internet operations in the United States, further escalating tensions between the two countries.
Malaysia’s wholesale 5G operator Digital Nasional Berhad (DNB) announced on Thursday that it has appointed new members to its board, whose first mission will be to finalise stakeholder ownership details and review DNB’s due diligence findings.
State-owned operator Pakistan Telecom revealed intentions to close its acquisition of Telenor’s local unit this year, reported Bloomberg.
Bharti Airtel denied media reports claiming it was in the hunt for Vodafone Group’s shares in Indus Towers.
India’s leading operator Reliance Jio is now the world's largest mobile operator in terms of data traffic consumption, overtaking China Mobile.
Claro Brazil will reportedly gain a US$7.7 billion cash injection over the next five years to upgrade fibre optic and 5G networks in Brazil.
Shareholders in South African service provider Telkom will soon vote on a plan to sell the group’s towers and masts to a consortium led by private equity firm Actis.
Dialog Axiata and its parent company Axiata Group announced on Thursday that they have signed a definitive agreement to effectively take over Bharti Airtel’s Sri Lankan operations, reducing the number of mobile operators in the country to three.
A matter of weeks after operator WOM Chile filed for Chapter 11 bankruptcy protection in the US, the Colombian unit seems to be having difficulties of its own.
MTN Group announced on Wednesday it has officially inaugurated a Technology Innovation Lab in partnership with Huawei Technologies that aims to help accelerate digital transformation and sustainable development across Africa.
Operator Tigo Tanzania has announced the launch of what it calls a first-of-its-kind fibre-to-home and fibre-to-office internet service that is designed to enable consumers and businesses to have access to reliable, low-latency and high-speed internet for households and businesses.
Indian telco Vodafone Idea reportedly plans to raise as much as Rs180 billion (just over US$2.1 billion) this week in what is expected to be India’s biggest follow-on public offering (FPO) as it seeks to pay off debts and get back in the 5G game.
Orange and online learning company Coursera are launching a free certification training programme for young people in Africa and the Middle East, to provide them with key skills in artificial intelligence, cybersecurity, digital marketing, and entrepreneurship.
MTN’s super-app Ayoba had 35 million monthly active users in 2023 a year-on-year increase from 20 million due to feature upgrades and expansion into new markets, and now the operator aims to chase growth through expanding its B2B front.
Pakistan Telecommunications Company Limited (PTCL) says it has raised US$400 million in debt financing to cover the cost of its planned acquisition of Telenor Pakistan.
Africa is reaching a tipping point as take up of connectivity services has surged year-on-year and it is not slowing down anytime soon. Its population is huge at 1.1 billion and young, a perfect combination for a surge in data usage and opportunities for operators. But now is the time for closer collaboration among rivals and governments - and the continent’s six largest operator groups are looking to lead by example.
Iliad founder Xavier Neil laid out ambitions to create a “telecom champion” in Ukraine after his investment company NJJ Holding gained regulatory approval to acquire a fixed-line company that will merge with MNO Lifecell.
WOM Chile CEO Chris Bannister has departed from his role after only six months into the job as the board decided against extending his contract, as the outgoing chief executive blasted shareholders for failing to inject cash into the now bankrupt MNO as a key sticking point.
Nepali telco Ncell says it has boosted connectivity speeds for its 4G service in various districts of the Lumbini and Bagmati provinces as part of an ongoing drive to improve Quality of Service (QoS) for customers.
PLDT wireless subsidiary Smart Communications on Thursday launched a new push to drive adoption of eSIM among prepaid subscribers by allowing them to keep their existing number when they make the switch.
Indonesian telco XL Axiata says it continues to be plagued with theft of its broadband routers by scammers, with the latest case occurring in Medan and Binjai on the island of Sumatra.
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