Huawei saw its revenue drop by almost a third in the first half of 2021, with US sanctions hobbling its once-dominant handset business and new business areas still in their early stages.
Browsing: Telecoms
As Sipho Maseko begins his orderly and well-telegraphed exit from the Telkom CEO position, a first quarter financial update from the telecommunications provider contains a few more worrying signs.
Ethiopia’s revived plan to sell a second telecoms licence to international operators received an early setback as MTN Group isn’t likely to resubmit a bid, according to people familiar with the matter.
Telkom CEO-designate Serame Taukobong believes the company’s investments in a range of areas will stand it in good stead in the coming years.
Serame Taukobong has been appointed as Telkom’s group CEO-designate and will replace Sipho Maseko, who has led the company for the past eight years, in mid-2022.
Puleng Kwele, the former CEO of state-owned telecommunications company Broadband Infraco, has passed away from Covid-19-induced pneumonia.
Telkom’s rapid mobile growth continues unabated, with the telecommunications group reporting a 36.3% increase in subscribers year-on-year in the quarter ended 30 June 2021.
A US court has moved to dismiss a lawsuit brought against MTN Group, in which it’s alleged the operator paid protection money to the Taliban in Afghanistan.
Ethiopia will reopen bidding for its second telecommunications operator licence this month, two senior government officials said on Monday, including the right to operate mobile financial services.
MTN Nigeria plans to invest R21-billion over the next three years to expand broadband access in Africa’s most populous country, its CEO said on Monday.