American Tower Corp is buying telecommunication towers in Europe and Latin America from Telefonica for €7.7-billion, signalling a new competitive threat in Europe’s fast-growing tower industry.
Vodacom parent Vodafone has reached an agreement with AST SpaceMobile to launch the first phase of a space-based commercial mobile communications service in 2023, with Africa to benefit first.
MTN Group is looking to sell and lease back part of its portfolio of 13 000 South African towers, a sign that new CEO Ralph Mupita is looking to build on a disposal plan kicked off by his predecessor.
Ethiopia’s protracted privatisation process faces sticking issues as the government and prospective investors prepare to meet this week, with an escalating armed conflict starting to add to concerns.
Promoted | Nico Steyn, co-founder and CEO of IoT.nxt, joins TechCentral for a discussion on how the company has grown a year on from Vodacom Group’s acquisition of a 51% stake in the business.