MTN South Africa appears eager to accelerate the return on investment in network infrastructure by attempting to grab market share from its competitors.
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MTN South Africa delivered strong subscriber growth in the third quarter of 2020, propelled higher by an advance in prepaid users. This, coupled with surging demand for data, helped lift revenue and margins.
After years of toying with the idea of launching a mobile virtual network operator (MVNO) platform offering, MTN South Africa has finally pulled the trigger on it.
MTN Nigeria on Wednesday reported a sharp rise in subscriber numbers in the third quarter – up 3.9 million from the second quarter to reach 75 million – while active data subscribers climbed by 1.7 million.
Liquid Telecom has raised $307-million through a rights issue to fund a rapid expansion of its data centre business across Africa.
Communications regulator Icasa is putting the cart before the horse in forging ahead with plans to licence access to new spectrum bands before it has concluded an inquiry into the mobile broadband services market.
Ferdi Moolman, the longstanding CEO of MTN Nigeria, MTN Group’s largest operating subsidiary, will step down from the role at the end of February 2021.
Under the terms of the proposed transaction, existing airtime lenders will provide R4.25-billion in new super-senior debt secured by a significant portion of Cell C’s assets, excluding spectrum, according to sources.
Huawei Technologies reported a meagre 3.7% rise in quarterly revenue on Friday, ending the double-digit growth run it enjoyed earlier this year.
Huawei quietly spent months racing to stockpile critical radio chips ahead of Trump administration sanctions, ensuring it can keep supplying Chinese carriers in their $170-billion roll-out of 5G technology.