Ethiopia’s ongoing plans to sell off a stake in operator Ethio Telecom just got even more interesting with news that French giant Orange has formally declared an interest in buying a stake in the state-owned business.
Australian communications and technology giant Telstra Corp Ltd has said that it is in talks to buy the Pacific operations of telecommunications firm Digicel Group – in partnership with the Australian government.
Millicom, a leading provider of fixed and mobile services operating under the Tigo brand, has further underlined its enhanced focus on Latin America with the confirmation of a $250 million investment plan for Panama.
The latest African country to attempt to open up its telecoms sector to competition is Djibouti in the Horn of Africa.
Another tower company may be moving to new ownership. A number of recent reports have suggested that the owners of Indonesia’s Tower Bersama are considering the potential sale of the company.
A new investment in an African tower specialist could boost tower building in the Democratic Republic of Congo, Nigeria and Côte d'Ivoire – and possibly further afield.
It looks like some measure of privatisation is finally going to be applied to the state-owned operator Angola Telecom by the Angolan government.
Telecommunications giant MTN is continuing to pursue some very ambitious plans for Africa. Its latest commitment is to expand broadband access across Nigeria.
The process that will lead to the sale of just under half of Ethiopia’s state-owned operator Ethio Telecom is apparently under way.
The Polish competition authority has cleared the acquisition by Cellnex Telecom, an operator of wireless telecommunications and broadcasting infrastructures, of Polkomtel Infrastruktura.
Pan-African operator MTN has announced plans to commit $25 million to develop Ghana’s digital ecosystem.
Health technology is a growing theme – and opportunity – across the MEA region, so it’s perhaps little surprise that a major operator is now getting involved.
More tower deals have been announced in what has become an increasingly busy market for both buyers and sellers. The latest two deals involve American Tower Corporation (ATC) buying in Latin America and Airtel Africa selling in Tanzania.
The World Bank says it has approved $150 million for a project to help increase access to high-quality broadband internet services in Tanzania. It's one of a number of Tanzanian projects receiving World Bank financing that are aimed at improving not just connectivity but rural roads and the learning environment.
In case you were wondering how the consortium that on 22 May won a licence to enter the Ethiopian market actually works, Kenyan operator Safaricom has disclosed the ownership structure behind the bid.
Specialist global asset manager Macquarie Asset Management has agreed the sale of Czech telecommunications company České Radiokomunikace to Cordiant Digital Infrastructure.
Hard on the heels of its acquisition of Millicom’s Tanzanian operations, Axian Group has announced a major investment in the country and is apparently looking at more investment opportunities in the region.
The African telecommunications giant MTN Group has confirmed yesterday’s news that it is involved in a bid for a telecoms licence in Ethiopia.
The Ghana Grid Company Limited (GRIDCo) and broadband infrastructure provider CSquared have made an agreement that will involve leasing of GRIDCo’s excess fibre capacity to mobile network operators and internet service providers in Ghana.
Brazilian investment bank BTG Pactual has reportedly won 58 percent of operator Oi’s fibre business, for which it is expected to pay $2.3 billion.
Pan-African operator Airtel Africa has announced a major agreement with payments company Mastercard, through which Mastercard plans to invest $100 million in Airtel Mobile Commerce (AMC), a subsidiary of Airtel Africa and the holding company for several of Airtel Africa’s mobile money operations.
Pan-African group Smile Telecoms Holdings has agreed a debt restructuring plan with its lenders.
Hungary-based IT service management company 4iG Plc says it has entered into a preliminary agreement with the Romanian RCS & RDS consortium for the acquisition of the Hungarian interests of the Digi Group, a leading telecommunications service provider in Hungary.
Botswana’s information technology and communication (ICT) sector may be about to receive a boost, after news that the country’s government has decided to direct more projects towards locally owned ICT businesses.
South Africa’s Public Investment Corporation (PIC) is holding discussions with shareholders in a bid to avert the liquidation of pan-African operating group Smile Telecoms Holdings.
Somaliland’s Somtel has begun its initial public offering (IPO), with interested parties able to acquire a minimum of 20 shares for US$100 apiece.
Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, has announced a major investment in its mobile money business.
A busy period for pan-African operator MTN Group – and its ongoing plan to sell assets, pay down debt and invest in expansion – looks set to continue.
The governing body of Libya’s telecoms sector is seeking cooperation with American tech firms in a bid to increase overseas investment in the market.
South African mobile operator MTN is reportedly hoping to do a deal worth US$65 million for its Syrian business. However, Reuters reports that this sale, amounting to 75% of MTN’s Syrian unit, may now be under threat.
Allegations of business practices that seem to go against the letter and spirit of India’s foreign investment rules have been made against e-commerce giant Amazon.
Vodafone Idea (Vi) confirmed that it is in talks with possible investors after its optimisation strategy showed promising early signs in its fiscal Q3 2021.
The World Bank has confirmed plans to invest $200 million into Ethiopia’s digital economy as the country liberalises its telecoms market, but has cautioned that policies aimed at encouraging new entrants to lease infrastructure from Ethio Telecom could prove counterproductive.
Tellence Technologies, a privately held technology services company headquartered in Bucharest, is to be acquired by a leading digital transformation and product development services firm.
Company registered in England, number 5724661
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