MTN intends asking for regulatory support in the form of industry-wide tariff increases for voice and data services in Nigeria.
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MTN Group increased its fintech transaction volumes by a third in its latest financial year.
Africa’s biggest telecommunications operator on Monday reported a 72.3% tumble in full-year profit.
Icasa has proposed slashing mobile and fixed call termination rates by as much as 83% over the next 15 months.
Private equity firm Actis is in talks to buy Swiftnet, the mast and tower business owned by Telkom, sources said.
User reliance on legacy 2G and 3G networks is constraining the ability of network operators to migrate to newer technologies.
Among other transactions, Remgro is fighting to get approval for a multibillion-rand fibre deal with Vodacom.
Disruption to internet services for millions of users in Africa could take weeks or even months to fix.
Mobile operators have multiple partnerships with satellite service providers to test the various uses of the technology.
MTN Group has warned it expects its headline earnings per share for the 2023 financial year to plunge by up to 80%.