Econet Wireless Zimbabwe is in talks about restructuring the company, according to two people familiar with the matter. The restructuring may be related to a planned listing of Liquid Telecom.
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MTN has emerged as Africa’s most valuable telecommunications brand, according to a new research report by brand valuation and strategy consultancy Brand Finance. The MTN brand is worth US$3.3bn, up 9% from
African telecommunications group Econet is considering selling shares on the London Stock Exchange at a valuation of about US$8bn next year after combining new and existing assets, according to people familiar with the matter
MTN Group’s former video-on-demand provider, Discover Digital, is starting a new South African online TV service with lender Investec, just days after its partnership with Africa’s biggest wireless operator was cancelled. The closely
Naspers, Africa’s biggest company by market value, is seeking partnerships with mobile phone operators on the continent to boost its video-on-demand business and help compete with US giant Netflix. The owner of Africa’s biggest pay-TV provider
Zimbabwe’s telecommunications regulator has backed down over new floor prices for telecoms services, resulting in the country’s largest operator, Econet, reversing large price increases announced earlier in the week. In a statement, the country’s
Econet Wireless unit Liquid Telecom has secured US$300m (about R4,3bn) to help fund expansion in Africa and its R6,5bn acquisition of Neotel. Standard Bank is arranging the syndicated loan to help fund the Neotel
Fifteen years ago, a South African media company invested US$34m in an obscure Chinese Internet developer. Today that stake is worth $88bn. All Naspers, now Africa’s most valuable company, has to do is figure out how
Zimbabwe’s telecommunications regulator has threatened to disconnect mobile subscribers it says are spreading information via WhatsApp about the protests that have rocked the country. Zimbabwe is battling to contain public outrage over economic
Instant messaging app WhatsApp experienced downtime on mobile networks in Zimbabwe on Wednesday as protest action started taking root. Zimbabweans woke up to no WhatsApp connectivity through their mobile phones on Wednesday, a rare occurrence in