Nigerian regulators have warned they may have to take action to boost competition in the telecommunications industry, a move that could affect international operators including market leader MTN Group.
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The company that runs Africa’s largest public Wi-Fi network is being liquidated after the unprofitable business failed to secure new investors.
MTN South Africa CEO Godfrey Motsa said on Thursday that it is not the company’s responsibility to save rival Cell C, but it’s also not in the interests of the telecommunications sector or the country to allow it to fail.
Huawei Technologies’ revenue jumped 24% in 2019’s first nine months, defying Trump administration sanctions to sustain growth in its pivotal smartphone business.
Helios Towers rose 1.8% in London after raising R5.4-billion in a long-delayed share sale that gives investors a foothold in Africa’s fast-growing wireless tower industry.
Helios Towers met with a tepid response for a long-delayed share offering that gives investors a foothold in Africa’s fast-growing wireless tower industry.
Multiple sources close to Cell C have rubbished a report that China Mobile is about to strike a deal to buy a stake in the troubled South African mobile operator.
South Africa’s third-biggest mobile operator has put core parts of the business up for sale as it struggles with R9-billion of debt and deepening losses.
INX-ZA’s Johannesburg Internet Exchange is getting a major upgrade to its backbone after Dark Fibre Africa donated high-speed fibre between the Isando and Parklands Internet exchange points.
Ethiopia may give up majority control over its telecommunications monopoly in a second phase of privatisation once it’s sold 49% of the company next year.