Financially strained telecommunications operator Cell C said on Wednesday that it has finalised a term sheet for a further national roaming agreement with rival MTN South Africa.
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Cell C’s board has appointed Douglas Craigie Stevenson as its permanent CEO. Craigie Stevenson had been serving in act acting capacity for the past five months following the resignation of Jose Dos Santos in March.
Helios Towers, one of sub-Saharan Africa’s largest mobile phone tower operators, is reviving plans for an initial public offering, people familiar with the matter have said.
African telecommunications authorities must walk a fine line when it comes to regulating the move of mobile operators into financial services.
Calvin Collett, MD of Supersonic, the new fibre-to-the-home provider in the MTN South Africa stable, believes there is a big business opportunity to roll out broadband infrastructure in South Africa’s townships.
There has been an alarming rise in incidents of battery theft from cellphone towers in South Africa and urgent action is needed to address the situation, MTN said on Monday.
MTN Nigeria has published strong maiden results as a listed company, with operating margins expanding significantly on the back of good service revenue growth.
When it comes to data, MTN has a problem. While it is selling more of it, it is also under pressure to slash the cost of providing access to the Internet. A solution may lay in financial services.
As part of an ambitious reform programme, Prime Minister Abiy Ahmed plans to award telecommunications licences to two private operators next year, and sell a minority stake in Ethio Telecom.
MTN Group has hired another top executive from Vodacom Group, saying on Wednesday that is has appointed Yolanda Cuba as its new chief digital and fintech officer.