Safaricom, the Nairobi-based telecoms and digital services provider, has made history as the first company in East Africa to surpass $3 billion in annual revenue. The firm’s financial results for …
TELECOMS
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BusinessDigital EconomyEastern AfricaEthiopiaFinance & ServicesINVESTMENTKenyaKenya NewsSafaricomTelecommunications
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Mr. Price has released its interim results and reports that its telecoms segment generated R570 million in revenue during the 26 weeks from 2 April to 1 October 2022. The …
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AirtelBusinessNigeriaTelecommunicationsWestern Africa
Nigeria’s telecoms regulator shuns ‘unilateral’ tarriff hike, directs telcos to make a reversal
Nigeria’s telecoms regulator has asked phone operators to suspend voice and data tariff hikes they introduced a month ago. The Nigerian Communication Commission, NCC, said the operators had carried out …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessNewsNigeriaTelecommunicationsWestern Africa
Telecoms operators say banks’ USSD debt has increased to N80b from N42 the previous year
The Association of Licensed Telecommunications Operators of Nigeria says banks’ Unstructured Supplementary Service Data (USSD) debt has increased to N80 billion from N42 billion reported in 2021. The President of …
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On Tuesday, it was announced that Cell C lenders have voted in favor of a compromise cash out offer of 20c for every R1 of debt, bringing the company’s recapitalization …