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Tuesday, Oct 16th

Nimbus acquires stake in Paratus Africa

Nimbus acquires stake in Paratus Africa

Paratus CEO says company plans to invest over N$150 million on infrastructure, the bulk of which will be invested in fibre.

MTN Rwanda to invest US$20m in 3G network upgrade

MTN Rwanda to invest US$20m in 3G network upgrade

CEO confirms investment will be used to bolster user experience and attract new subscribers, also directly from competition.

Vodacom adds more customers, revenue rises

Vodacom adds more customers, revenue rises

The telco added 2.5 million group subscribers in the last quarter of 2017, 1.6 million in SA, and boosted group revenue by 6.7%.

Millicom CEO positive despite 'challenging operating conditions' in Africa

Millicom CEO positive despite 'challenging operating conditions' in Africa

According to latest financial results, remaining businesses on the continent include Tanzania and Chad following merger in Ghana and exits from Senegal and Rwanda.

Airtel Rwanda, regulator moves to reassure customers after Tigo buyout

Airtel Rwanda, regulator moves to reassure customers after Tigo buyout

 

Subscribers assured of a seamless consolidation.

Zambia's govt under pressure to explain StarTimes contract

Zambia's govt under pressure to explain StarTimes contract

Civil society organisation demands answers from authorities on single-source approach and breakdown of US$273m loan.

Uncertainty over 9Mobile acquisition

Uncertainty over 9mobile acquisition

While reports have named Teleology Holdings as the preferred bidder, this has yet to be confirmed by industry regulator and Central Bank of Nigeria.

Telecom Egypt settles disputes with rival MNOs

Telecom Egypt settles disputes with rival MNOs

CEO says latest agreement with Etisalat Misr is part of new era that emphasis partnerships.

Namibian firms to get piece of MTC's N$1.2 billion pie

Namibian firms to get piece of MTC's N$1.2 billion pie

Local contractors stand to benefit from the construction of over 500 new towers as part of MNO's 081Every1 project.

Fight for lower interconnection rates in Mozambique, Tanzania justified

Fight for lower interconnection rates in Mozambique, Tanzania justified

Analysts say move by regulators to reduce tariffs benefits consumers and is in line with trends in developed markets.

MTN wants to be Africa's biggest bank

MTN wants to be Africa's biggest bank

Africa's biggest mobile operator wants to build Mobile Money into a 60 million customer business in the next three to four years, says CEO Rob Shuter.