Telecommunications

The Tesla CEO Elon Musk on 14th of April 2022 announced his intention of buying the social media platform “Twitter’’. Early this month before his big reveal, he was the …

Helios Investment Partners is in discussions with African telecom providers and banks about how the private equity firm might assist them in monetizing their mobile money and digital payment networks. …

One of the major telecommunications providers in Africa, Airtel Africa, is already positioning itself for the future and has partnered with Ericsson to relocate and modernise its existing network and …

South African telecom operator Telkom is considering strategic options for its IT business, including a partnership, it said on Tuesday after reporting a 30.4% jump in half-year profit. Telkom’s IT …

MTN Group Ltd. recently made a takeover approach for Telkom SA SOC in a deal that would’ve combined South Africa’s second and third largest telecommunications operators, according to people familiar …

MTN Group said it is planning to sell shares worth about $241.7million from its Nigeria business. MTN on Thursday said it will offer 575 million shares in MTN Nigeria, which …

MTN Group has given the Ugandan unit the regulatory approval to offer 20 per cent of its stake in an initial public offering (IPO) to local investors. The move is …

Mobile money users have complained about the charges being imposed on them by businesses for transactions carried out through momo-pay codes. The complaints come just weeks after the central bank …

(Reuters) – South Africa’s largest grocery retailer Shoprite Holdings SHPJ.J on Tuesday reported a 20.3% rise in annual earnings and said it hopes to conclude the sale of assets in …

MTN Group is in talks with potential international buyers for its wireless business in Afghanistan, a bid to accelerate plans to exit the country, according to people familiar with the …