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 …
Telecommunications
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 …
South African telecommunication companies are trying to settle a wireless spectrum auction dispute with the industry regulator out of court to avoid a prolonged legal battle. “Mediation efforts” are underway …
MTN Group has decided to pull the plug on its operation in war-torn Syria after it lost control of the business. It has booked a loss of R4.7 billion on …