A giant subsea cable to help bring more reliable and faster Internet across Africa will cost just under $1-billion (R18.7-billion at the time of writing), according to three people familiar with the project.
Browsing: China Mobile
A massive new submarine broadband cable is to be built around Africa and the Middle East and is being backed by the likes of Facebook, China Mobile, MTN Group, Vodafone Group and Orange.
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.
A report on Tuesday suggested China Mobile may be about to swoop to the rescue of embattled mobile operator Cell C. Telkom is also rumoured to be circling.
In the race for tech supremacy, China is betting it can seize the lead by building the world’s biggest 5G wireless networks.
A shake-up of the telecommunications landscape in Africa may be in the offing after US giant AT&T said in an interview with Bloomberg that it was interested in acquiring UK-listed Vodafone. AT&T said, though, that it was not interested in acquiring Vodafone’s operations in emerging markets, but only its