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
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Tanzania will allow foreign investors to buy shares in telecommunications companies listing on the domestic stock exchange after an initial public offering by the country’s biggest mobile operator stalled. Changes will be introduced
Data centres are suddenly de rigueur in Africa, with new facilities being deployed across the continent as telecommunications operators and independent infrastructure providers build facilities to cater for rapidly expanding demand from African consumers
Inside a packed Vodafone Group store in the Zambian capital of Lusaka, a group of the city’s tech-savvy students wait in line for wireless modems they hope will transform their ability to surf the Internet. They don’t even
The business logic is clear; only the timing remains to be settled. Everything in telecommunications, including voice, will soon be data. In a world where everything is data, there will be two types of companies. And they will not be mobile operators. There will be content companies and there will be data
MTN South Africa and two other big African operators, Airtel and Tigo, intend launching phones running Mozilla’s open-source, Linux-based Firefox OS platform, it has emerged. Firefox OS is meant as a rival to platforms such
Balancing Act Africa research counts 73 video-on-demand platforms operating in Africa — on the Internet, via satellite or through mobile applications. Mostly, these are “over the top” services with the vast majority set up by independent providers. Although they may have operating alliances with mobile
Nigeria plans to double investment in the information and communications technology (ICT) sector from US$25bn to $50bn in the next few years, according to the West African nation’s communication technology minister, Omobola Johnson. Johnson said that her ministry and the Nigerian Communications Commission
Sweden-headquartered telecommunications and media company Millicom is building a technology incubator in Rwanda to develop digital solutions. The incubator, called “think”, will be located in the capital, Kigali, and will be used to develop “innovative and scalable” businesses in which Millicom will take an equity stake. Potential
MTN Group has signed a deal with technology incubation business Rocket Internet and fellow emerging markets-focused mobile operator Millicom International Cellular to develop e-commerce businesses in Africa through a business called Africa Internet Holding. The partnership is